Wincanton warns of “trading profit headwinds”


Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations. At its AGM today shareholders were told that: “In the period since the year end, we have seen year-over-year growth in revenue primarily driven by organic growth in the retail and consumer sector. “The group has experienced weaker than expected performance in some of its transport-related contracts and activities and these have created some trading profit […]