Wincanton PLC AGM Trading Statement
RNS Number : 3641E
07 July 2021
7 July 2021
("Wincanton" or the "Group")
AGM Trading Statement
Continued strong sales momentum in the first quarter
Wincanton plc, a leading supply chain partner for UK business,
will today hold its Annual General Meeting via webcast at 11.30am.
At the meeting, Dr Martin Read CBE, Chairman, will make the
The Board confirms that the strong revenue performance recorded
in the second half of the prior year has continued into the first
quarter of this financial year, with sustained growth and an
attractive pipeline of opportunities in each of the Group's four
sectors. Wincanton continues to make operational and strategic
progress and it is trading in line with expectations. Profits are
up significantly on the same period last year.
The award of two contract extensions by Ikea to operate its
customer distribution centres in Kent and Essex underlines the
sustained progress in the development of Wincanton's Digital and
eFulfilment offer. While the Group has maintained its positive
momentum in the early part of the financial year, it is mindful of
the sector-wide pressures related to the availability of drivers.
Wincanton is taking steps to address this, including increased
recruitment of permanent colleagues and the acceleration of
As set out in the Full Year results, a final dividend of 7.50p
per share in respect of the year ended 31 March 2021 will be
payable, subject to approval at today's AGM, on 6 August 2021 to
those shareholders on the register on 9 July 2021.
As previously communicated, in accordance with Government
Covid-19 guidelines, shareholders are invited to attend the AGM
Further information for shareholders, including the details of
the AGM webcast, is available at
https://web.lumiagm.com, Meeting ID: 109-436-287. To login you must have your SRN and PIN.
For further information please contact:
Wincanton Plc Tel: +44 12 4971 0000
Tim Lawlor, Chief Financial Officer
Headland Tel: +44 20 3805 4822
Susanna Voyle/ Henry Wallers
Notes to Editors
Wincanton is a leading British supply chain solutions company.
The Group provides business critical services including storage,
handling and distribution; high volume eFulfilment; retailer 'dark
stores'; two-person home delivery; fleet and transport management;
and network optimisation for many of the UK's best known
It is active across a range of markets including food and
consumer goods; retail and manufacturing; eCommerce; 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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(END) Dow Jones Newswires
July 07, 2021 02:00 ET (06:00 GMT)
Grafico Azioni Wincanton (LSE:WIN)
Da Ago 2021 a Set 2021
Grafico Azioni Wincanton (LSE:WIN)
Da Set 2020 a Set 2021