Wincanton will not be blown off course by Covid-19

Wincanton truck

Wincanton has reported a strong set of financial results for the year to 31 March 2020, with revenue up 5% to £1.2bn and pre-tax profits up 7% to £52.9m, driven by a 26% rise in revenue from its retail grocery division which picked up a sizeable contract with Morrisons in June 2019 that has just been extended. Shares rose 10p to 195p on the announcement but are still well off the peak of over £3 in February before the Covid-19 […]