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 […]
Smyths Toys Superstores has awarded Wincanton a one year distribution contract to handle the toy retailer’s nationwide deliveries. The contract will see Wincanton manage product distribution from the retailer’s warehouse in Newcastle-under-Lyme to its 39 stores across the UK. “When we began to look for a logistics partner we had a clear vision that we needed a provider with the scale and flexibility to meet our busy peak periods, such as the run-up to Christmas, to achieve maximum sales potential,” […]
UK Mail has renewed its contract with the Royal Bank of Scotland (RBS) after what it described as a “competitive tender process”.
Wincanton’s head of Industrial and Transport has called for an end to the piecemeal approach to clean air zone rules across the UK.