Wincanton’s share price is trading at its highest level in a year, and despite a fall in turnover the 3PL’s operational strength appears to have pleased its critics, for now at least. Setting the tone, Gerard Khoo, a broker at Liberum, slapped a buy recommendation on the stock after stating Wincanton – trading at around 269p per share – represented a ‘compelling valuation’. In a trading update in April, Wincanton signalled that a decision to shed low margin work would […]
Hoyer Group has hailed its “highest turnover in its history” but conceeded challenges remain for its UK division.
Trade creditors owed money following the collapse of Norfolk waste and tankering business Harveyson Haulage are now expected to receive a dividend.
A reliance on agency staff and hire vehicles at CS Ellis to meet an increase in work dented the operator’s annual profit, newly published accounts show.