Wincanton profits leap amid growing market optimism


 

Wincanton increased revenues by 19.3% in the six months ending 30 September 2021 compared to the same period last year and it said the pipeline for further opportunities continued to grow. H1 turnover was £690.3m, compared to £578.7 in 2020/21, with pre-tax profit increasing by 31.4% to £25.1m. The group said driver costs have been mitigated by its business model, with less than 20% of revenue generated by closed book transport. It also said its recent purchase of e-commerce and […]