Company
Wincanton PLC
LON:WIN
Wincanton PLC is a leading British supply chain solutions company. The group provides business-critical services including storage, handling and distribution, high volume e-fulfilment, retailer ‘dark stores’, two-person home delivery, fleet and transport management and network optimisation for many of the UK’s best-known companies. Wincanton is active across a range of markets including food and consumer goods, retail and manufacturing, e-commerce, the public sector, major infrastructure, building materials, fuel and defence. With almost 100 years’ heritage, Wincanton's 19,600-strong team operates from more than 200 sites across the country, utilising 3,500 vehicles.
66 stories
Wincanton appoints ex-NHS chair to board
John Pattullo will join the supply chain specialist from November
Wincanton has appeal especially if retail volumes recover - Liberum
We see scope for optimism. Macro pressures on Wincanton’s customers should ease on a 6-12 month view
Wincanton issues warning as HMRC shifts customs contract
Results for the year to end March 2024 will now be "materially below" forecasts
Wincanton in line for pension fund boost, says broker
Even under a conservative assumption, the uplift to equity free cash flow could be more than 50% in 2024
Wincanton results reassure analysts over progress
With each division delivering organic top-line growth, analysts at HSBC were optimistic that the triennial pension valuation should result in increased capital made available for reinvestment in the business
Wincanton delivers first-half revenue and profit growth in tough economic climate
The supply chain solutions group reiterated that it expects full-year revenue and profit to meet market forecasts
Wincanton grows revenue 8% in first half, inflationary costs managed
The logistics group said “substantial derisking” of its pension portfolio meant that recent LDI volatility has not impacted the funding position of the scheme
Wincanton sees profits and revenue rise above pre-pandemic levels
“While mindful about the macro-economic headwinds facing our sector, we are confident in the growth opportunities we have ahead of us and in our continued ability to deliver our strategy successfully," said CEO James Wroath
Wincanton says performance in line with market expectations for full year
The consensus forecast is for an adjusted pretax profit of £56.5mln for the year
Wincanton shrugs off lorry driver shortage as ecommerce demand surges
Getting drivers had been affected by “Brexit, Covid and surging demand" allied to a workforce that was “already ageing”
Wincanton says lorry driver crunch hitting some operations but profits remain on track
The logistics group said the recent fuel shortages have not impacted its profitability
Wincanton flags higher profits again as ecommerce boom drives logistics demand
New contracts in the quarter included a contract for the storage, fulfilment and customer delivery of coronavirus testing kits across the UK
Friday's US jobs report could spark big stock market wobble
It's looking a fairly quiet day in the UK company diary
Wincanton ups profit outlook as online shopping increases logistics demand
There had been strong volumes in two-person home deliveries through the summer months
Wincanton reports improvement as economy eases out of lockdown
"Profitability continues to recover as our sectors return towards normal levels of activity,” the group said as it posted full-year results
Wincanton revenues slip 15% in April with mixed results across its segments
The logistics firm expects a gradual recovery in the construction and two-person home delivery segments, while grocery is sitting at normal levels
Wincanton sees high level of haulage activity amid coronavirus pandemic
“Logistics are crucial for most of our customers and for the country in general," Wincanton said in a trading update.
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Wincanton mulls offer for Eddie Stobart Logistics
Trading in the shares of Eddie Stobart Logistics is currently suspended
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Wincanton inks transportation services deal with Morrisons
The five-year contract will see Wincanton manage all transportation planning and operations from three distribution centres to support Morrisons’ network of stores
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Wincanton reports profit rise in full year despite revenue fall
The firm reported an underlying pre-tax profit of £49.3mln, up 6.3% on the prior year, despite revenues slipping 2.6% to £1.14bn as new contract wins were secured too late for inclusion
Investments and investor services
FTSE 100 closes firmly higher as Wall Street shares head north; sterling slides
The UK benchmark index closed over 56 points higher, at 7,353, aided by the fall in the pound
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Burberry and Thomas Cook in the spotlight; ex-divs to take 26 points off the FTSE 100
Numbers from Countryside Properties, National Grid, and Wincanton will also be among Thursday's highlights.
Wincanton wins five-year contract to shift concrete products
Under the new agreement, Wincanton will operate a dedicated fleet of specialised vehicles, backed up by its extensive national network, transporting over 40,000 loads per year from 10 factories to customers across the country.
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Wincanton selected by HMRC for logistics contract to support customs clearance
The five-year agreement will see Wincanton work together with HMRC to check inbound shipments into the UK, operating two newly established Inland Pre-Clearance sites
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Wincanton awarded contracts to provide transport, warehousing and co-packing services for Weetabix
Wincanton said it will take on the operation of four warehouses where goods are stored and co-packed for retail promotion. In addition, the group will provide a nationwide transport operation
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FTSE 100 closes higher as traders optimistic on China/US talks breakthrough
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher.
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Slew of retailer trading updates to continue, Sainsbury's takes supermarket focus
The post-Christmas assessment of the high street will carry on unabated on Wednesday, with updates expected from Ted Baker, Topps Tiles and Majestic Wines
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Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
Investments and investor services
J Sainsbury and retailers to be among highlights amid busy Thursday schedule
Sainsbury, Superdry and Burberry are among the names in the diary for Thursday.
Investments and investor services
Royal Mail in the spotlight, but will Thomas Cook deliver more growth?
As Moya Greene's last set of Royal Mail results are released analysts expect the attention will be on guidance for 2019.
FTSE 100 firmly in red as EU cuts growth forecasts for UK
After a bullish run over the past few months, European and US markets endured a rare off day on Thursday
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AstraZeneca's results: focus will be on the pipeline and recovery options for the MYSTIC trial
Will Astra get into the MYSTIC? The company said not all hope was lost for its lung cancer trial, which flunked in the summer
London Capital Group shares drop as 2016 results hit by Brexit uncertainty
A look at the biggest risers and fallers of London's small caps
BP ticks higher as shareholders back CEO's reduced pay at AGM
A look at some of the biggest London-listed risers and fallers today
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Wincanton secures 5-year deal with wilko
The logistics firm will take care of wilko’s transport operations in the UK
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Pullman problems spoil strong contract business at Wincanton
Losses in vehicle maintenance overshadowed a strong showing in contract logistics
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Footsie back on front foot as Tsipras blinks
Market bounces as Greece looks set to do U-turn on debt deal
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Wincanton wins Halfords haulage deal
Road haulier bags national distribution contract from car parts retailer
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Footsie back in the black as market brushes off Greek default
London shares on the up after four days in the red
Footsie rebounds on hopes of a Greek climb-down
London’s blue chip index is set to rally despite Greece overnight becoming the first western country to default on a loan from the IMF.
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UPDATE - Wincanton drives up profits but vehicle repair arm slows it down
New haulage contracts help trucking group boost profits