UK Mail’s bull run couldn’t last. After hitting the heights of 510pence per share last week, following a stellar set of results, it has drifted back slowly to 497p as of today – still significantly higher than the 445p the week before its full year results. Not bad work in a fortnight. But it has still helped the MT basket of six shares hit a new high for the year: £18.67… That’s a 14.7% increase since the beginning of this […]
A strong performance in its contract logistics division; the sale of its records management division; and Pullman Fleet Services walking away from two “onerous” loss-making contracts helped Wincanton improve its profit and reduce its net debt in its most recent financial year.
Wincanton has won a five year storage and distribution contract with children’s toy and furniture manufacturer Worlds Apart. Annually, the contract will see the firm deliver 20,000 orders to around 1,350 locations, including homes and retailers. Wincanton will also oversee the storage of the firms goods, storing approximately 3,300 pallets in its warehouses, a throughput of 18,000 a year. “As we strive forward with our ambitious growth plans and continue to launch new and exciting products onto the market, it […]
Stobart Group has completed a sale and leaseback of its DC at Carlisle Airport for £16.9m.