Wincanton’s new group finance director, Tim Lawlor, has assumed his new role as of today, after it was announced that he’d secured the job in early July. He replaces Adrian Colman, who was appointed as chief executive when Eric Born said he would be leaving the business. Lawlor was formerly the director of finance and strategy at the Serco Group. Colman said of his appointment: “I am delighted to welcome Tim to Wincanton. He brings substantial experience of the business […]
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away…
A strong performance in Wincanton’s contract logistics business saw turnover jump in the first half of its financial year, but losses in its Pullman Fleet Services division slowed profit growth.