Hanson has outsourced part of its concrete delivery operations to Wincanton. Under the eight-year contract Wincanton will deliver more than half a million cubic metres of concrete a year to Hanson’s customers, typically building contractors, using a flexible fleet of around 70 vehicles in Wincanton and Hanson liveries. The agreement sees Wincanton strengthen its presence in the construction sector and comes just six months after the firm renewed its six-year contract with Hope Construction Materials as its logistics partner for […]
UK Mail’s share price continues to climb as does its turnover. The company said this week that it has seen year-on-year daily parcel volumes increase by 25% in the first quarter of this year, with Q1 turnover also up 6%.
Today Wincanton posted what its MD Eric Born (pictured) called a “boringly predictable” set of half year results, with a 1.6% decline in group turnover and a 2.6% increase in operating profit.
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.