WINCANTON PLC
WIN
 Real-time Estimate - 01/18 11:29:59 am |
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| 268.5GBX | +0.19% |
Wincanton : Logistics firm Wincanton forecasts strong outlook on online grocery boost
| 11/05/2020 | 03:11am |
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(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)
© Reuters 2021
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