Plenty more profit raking this week as transport shares took a tumble, but one faller stood out more than most: Wincanton – which has suffered a pretty dramatic fall in the past two months. This chart shows Wincanton’s share price every Tuesday since 29 January, when it touched a high of 70p. Now it is down in the doldrums at 45p. The worrying thing for Wincanton is that there appears to be no material reason for the fall. It […]
Wincanton’s contract logistics business “is continuing to perform robustly”, it has said, while the company was hit by low volumes in its container business.
Parcel volumes over the summer at UK Mail were below expectations, causing turnover to slip 1% year-on-year in the first half of its financial year.