trading update concept, red hot key on  keyboard. 3D rendering
© Alexlmx

Wincanton released a trading update that boosted its stock today, up 14.4% at the end of the session.

The company said:

The group has seen a continued improvement in profitability in July and August, with a particularly strong performance in Digital and eFulfilment.

The Digital and eFulfilment business is benefitting from an increase in demand for online retail, with revenue significantly ahead of pre-COVID-19 levels. Volumes in the two-person home delivery business within this sector have remained high through the summer ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.