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Wincanton PLC - Wiltshire, England-based logistics provider - In the six months ended September 30, reports revenue was up by around 8% year-on-year thanks to continued volume and new business growth across all four of its business sectors. Says acquisition of Cygnia delivered revenue growth of 18% in the eFulfilment sector. Meanwhile, its Public & Industrial sector grew 6%, its General Merchandise sector grew 11% and its Grocery & Consumer sector grew 4%. Notes new contracts with Primark, The White Company and Wickes - all of which, it says, have contributed significantly to revenue. Continues to manage inflationary pressure across its markets, has mechanism for costs increases to be passed on to customers. Expects to deliver a financial performance in line with market expectations for financial 2023.
Firm will publish its interim results on November 15.
Current stock price: 318.98 pence, closing 4.9% higher in London on Friday
12-month change: down 10%
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