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Retail misery forces Wincanton warning

With demand from the retail sector shrinking, the need for further cost-cutting at Wincanton has intensified
April 10, 2012

Weak consumer spending means fewer goods to transport, which is bad news for distribution firm Wincanton. It admits that tough conditions in retail, fast-moving capital goods and containers will hit results for 2013.

IC TIP: Sell at 63p