Wincanton revenues boosted by new business wins

 

Revenues at Wincanton for the six months to the end of September were up 8%, driven by continued volume and new business growth across all four business sectors, it said in a trading update.

Excluding acquisitions, which included e-commerce and fulfilment specialist Cygnia Logistics, revenue increased by 6%.

The logistics giant said buying Cygnia had delivered growth of around 18% in e-fulfilment and there had been a 6% increase in revenue in its other strategic growth sector, public and industrial. [...]

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