Wincanton reports 15% revenue rise and says full-year profits will exceed expectations


 

Wincanton saw strong trading across all its business sectors and high demand for its services between September and December and now expects full-year profits to exceed market expectations. Group revenue grew by 15% compared to the same period in 2020, with turnover in its digital and e-fulfilment sector soaring by 51%, which the logistics giant said was driven by the acquisition of e-commerce specialist Cygnia last September. It said Cygnia’s integration was progressing well, but online volumes for some customers […]