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.
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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