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 […]
The post and parcels industry has said the impending Royal Mail strike could force customers to rethink their delivery options as rival operators prepare for disruption to their final-mile deliveries.
Wincanton has won a five year contract with Rolls-Royce, which will see it store and transport generators for the UK armed forces. The firm will store the generators, which are used to power medical and communications equipment, at its shared user warehouse in Middleton, Greater Manchester. It will also pack the generators for global distribution. The contract will also see the firm perform audited maintenance checks on the equipment upon its return to the warehouse, ahead of returning to storage […]
Wincanton has delivered a “boringly predictable” set of results for the six months to 30 September 2013, with group turnover down 1.6% at £542.3m and operating profit up 2.1% to £24.2m compared with the same period last year.