Wednesday 26th Oct 2016 - Logistics Manager

Wincanton weathers tough trading conditions

Trading conditions remain challenging for Wincanton, with container volumes down, and closure of long term customer Focus DIY. 

But it said trading performance was in line with its expectations, in its interim management statement, which covers the period from 1st April to 21st July.

Wincanton secured a number of renewals in the period, including operations for B&Q and Procter & Gamble.  It also won contracts such as for Forticrete and Jack Wills.

Its European business started the year well it says it is developing more potential business.

The sale of the three European businesses, announced at the time of its preliminary results in June 2011, is progressing.