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. Its share price, however, remains in triple figures at 127.5p, although down slightly from its MT Tracker high of 129p two weeks ago. Boasting a turnover of £542.3m in the first half it is understandable why Wincanton’s share price remains so buoyant. Two years ago the operator was […]
Royal Mail has said it is “very disappointed” that managers have voted to take strike action due to a pay dispute.
Wincanton has taken delivery of 115 new tractor units equipped with powered, height-adjustable roof fairings, reporting that height-matched fairings improve fuel consumption by about 5% compared with conventional fixed fairings.
Wincanton revealed in a trading statement today that the plummeting cost of fuel has had “no material impact” on its bottom line, adding that the business continued to trade in line with expectations.