Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK. For the 12 months ending 31 March Wincanton posted a pre-tax profit of £24.8m, a dramatic turnaround from the £47.4m loss it made a year ago. This was despite a fall in turnover from £1.2bn to £1.08bn. It had expected […]
Mobile elevated-platform supplier Lavendon Group has outsourced its in-house delivery and collection operation to Wincanton.
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.
Industrial action at Wincanton’s operations for customer HJ Heinz in Wigan has been averted after URTU members accepted a fresh proposal over pay.