wincanton

Logistics company Wincanton (LON:WIN) recorded strong performance in the first half of the year, with full year results likely to be in line with expectations.

Its consumer and retail division reported good volume growth and an “excellent” performance during the Christmas period, with the second half of the year boosted by contracts with Wickes, to manage its delivery of bulky goods to customers, and Ikea, to provide two-man home delivery services across the South East of England.

Industrial and transport also performed well over the second half, winning contracts with Aggregate Industries and Phillips 66.

Wincanton is a British logistics company with its origins in milk haulage, providing transport and logistics services including specialist automated high bay, high capacity warehouses, as well as supply chain management for businesses.

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Miranda is the online editor of UK Investor Magazine. Her interests include private equity, crowdfunding, peer-to-peer lending, gender equality and coffee.