Keep calm and carry on

Wincanton is hoping to get back into the black
 

It’s a big (financial) year for Wincanton. Chief executive Eric Born has predicted that it will return to the black after retrenchment from Europe and extensive restructuring. Therefore today’s interim management statement announcement that “Wincanton continues to trade in line with market expectations”, is actually far more interesting than the “softy, softly, don’t nod off at the back” language of the actual release. In short, it looks like that very important expectation is likely to be met. Of course, the […]