15) Eric Born, chief executive, Wincanton Eric Born was given the not inconsiderable task of turning Wincanton around, taking on a business that in 2011 plunged to a £26m full-year loss on turnover of £2.2bn. He has delivered. A clear out of its loss-making European businesses was one of Born’s first steps, which although necessary lead to greater losses for the business to absorb first. Yet under his stewardship Wincanton has bounced back to profitability (as of June) and the […]
“We’re an all time high, we’ll change all that’s gone before, doin’ so much more….” This week the basket of shares in the MT Tracker hit it’s highest point since its inception. The basket now stands at 1,954.5p. Shares in Stobart Group are back in to triple figures for the first time since January; shares in Wincanton are at their highest level for the whole calendar year and shares in NWF Group and UK Mail are pretty much at the […]
Plenty more profit raking this week as transport shares took a tumble, but one faller stood out more than most: Wincanton – which has suffered a pretty dramatic fall in the past two months.
Wincanton has been awarded a new contract with retailer Halfords that will see it become the sole operator of its national transport contract.