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Birmingham Post
Birmingham Post
Business
Abigail Turner

Revenues fall at logistics firm Wincanton amid 'challenging external environment'

Logistics giant Wincanton has reported drop in group revenue.

The Wiltshire-based supply chain manager recorded in its latest trading update that revenue in the first quarter was down 4.5% year-on-year, when closed book transport contracts are excluded, and year-on-year revenue was down 10.4% when included.

Bosses at the London-listed firm, which serves clients across sectors such as retail, dairy and fuel, cited "ongoing economic headwinds and resultant lower delivery volumes".

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