The promise of a solid first half in its financial year did little to improve investor confidence in Stobart Group – because investors were already ahead of the curve. On 17 April it was trading at a year low of 76.5pence per share. Today its at its year high of 109.5p – proving that investors have faith in the direction Andrew Tinkler is taking the company. Markedly though, are the noises that Stobart Group’s chief executive is making: “We are […]
Plymouth-based Global Garden Products (GGP) has extended its contract with Wincanton, which will take the partnership to a decade. Wincanton has provided warehousing and distribution for the manufacturer’s powered garden products since 2003, delivering to the main B&Q DCs, and direct to GGP retailers nationwide. The contract is run from Wincanton’s Rothwell depot in Leeds. Wincanton manufacturing MD Chris Kingshott said: “This latest contract extension will bring our partnership up to the 10 year mark- a tremendous milestone of which […]
Stobart Group has shaken off a tough start to the year by revealing a 7.2% improvement in the profitability of its transport operations, and a 13% leap in turnover driven by the addition of Autologic.
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.