Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK. For the 12 months ending 31 March Wincanton posted a pre-tax profit of £24.8m, a dramatic turnaround from the £47.4m loss it made a year ago. This was despite a fall in turnover from £1.2bn to £1.08bn. It had expected […]
Clipper Logistics has won a contract with accessories and beauty products retailer Claire’s. The contract will cover the management and transport for Claire’s’ first online operation for consumers across the UK and Europe.
Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations.
Clugston Distribution Services’ diversification strategy paid dividends last year, with the firm’s focus on expanding its market presence in fuels, bulk foods, ash powders and intermodal work throughout 2013, contributing to its robust financial performance.