|Real-time Estimate - 01/18 11:29:59 am|
Wincanton : Logistics firm Wincanton forecasts strong outlook on online grocery boost
|11/05/2020 | 03:11am|
(Reuters) - Logistics company Wincanton on Thursday resumed dividends and said it expects annual results to be ahead of market expectations, as a surge in online grocery shopping during the COVID-19 pandemic boosted its business.
The company, which provides so-called eFulfillment services to companies such as Waitrose, Asda and Morrisons, saw first-half revenues fall 2.4% to 578.7 million pounds , mainly due to weakness in construction, energy and container markets.
The warehouse and transport provider declared an interim dividend of 2.85 pence per share.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Shailesh Kuber)