Distributor Wincanton's full-year pre-tax profit to 31 March rose from £27.6m last year to £31.3m, on sales up 9.6% at £1.8bn.

Graeme McFaull, chief executive of Wincanton, said: “The year to 31 March was another year of profit growth and strong cash flow for Wincanton. Strategically and operationally we also made good progress.”

He added: “We are increasingly well-positioned to take advantage of the many growth opportunities in our target markets.”