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. Wincanton’s Swiss chief executive Eric Born described Wincanton’s performance as “steady and stable”, a welcome change from the turmoil of 2011 when his appointment to replace Graeme McFaull saw a clear out of loss-making European businesses as the group plunged to a […]
Knowles Transport has returned to profit after securing two major deals, undertaking a management restructuring, and introducing tighter financial controls while resolving operational problems at its Wisbech DC.
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.
Wincanton has reported continued profitability in July and August with particularly strong performance in digital and e-fulfilment.