Wincanton has told investors that it continues to trade in line with expectations, with solid levels of activity in its contract logistics business, as it financial year concluded. Its preliminary results for the year-ending 31 March will be revealed on 5 June, but it confirmed and upturn in volumes results from an improved performance of the UK construction sector. The operators’ Specialist Businesses, Pullman Fleet Services and Records Management divisions continue to “trade in line with expectations” but volumes in […]
A very quiet week on the Stock Exchange for transport-related shares – ahead of City Link’s numbers tomorrow (15 March). All eyes will be on Rentokil’s parcels arm to see if it posts a full-year profit. But it hasn’t stopped a rather telling trend in the past week…
Wincanton has found home is where the heart is as customers in the DIY and home retail sectors drove growth at the operator. At the same time it has begun surgery to return its industrial and transport division to health.