Stobart Group kicked Monday off with a bang, winning a 15-year biomass contract with Western Bioenergy. But investors seem to have shrugged their shoulders at the news, which refused to budget the share price from 123p. Maybe we could find a bit more success elsewhere, as it has been a busy week for the MT Tracker sextet. Perennial success this year has been UK Mail Group. It said last Thursday that its parcels business continues to post double-digit growth in […]
UK Mail expects volume growth in its parcels division to slow down in the second half of this year as it continues to feel the effects of a weakened retail market and poor volumes in the second quarter.
Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations.
Norbert Dentressangle will cease providing warehousing and distribution services to collapsed retail chain Comet from tomorrow (21 December). Last month the operator warned its five-year £100m contract with Comet, which it only signed earlier this year, was in the hands of the retail chain’s administrator Deloitte. At the start of this week Deloitte closed the last of the retail chain’s stores in the absence of an acceptable offer for the whole business. Richard Cawston, business unit director at Norbert Dentressangle, […]