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 […]
Wincanton has reported continued improvement in revenues and profitability since the initial impact of the pandemic and, following a period of recovery and stabilisation, said it had returned to growth in Q3 of the financial year.
Royal Mail managers are to increase the level of industrial action being taken over a long-running pay dispute.
Boughey Distribution parent NWF Group had a stable quarter of trading over the summer as it revealed that all customers have now been relocated to its Wardle, Manchester, DC.