Wincanton could enjoy Brexit boost

Wincanton could enjoy Brexit boost

Wincanton (WIN) chief executive Adrian Coleman thinks the overhaul of the transport division is now "largely complete". In 2017, the company revealed weaker trading at that division, as well as the steps being taken to rectify this, including cost savings and changes to capacity. The division has made progress: operating profit rose 9.4 per cent to £11.6m over the six-month period under review, thanks to a 90 basis point widening in the margin from 4.3 per cent to 5.2 per cent.

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