26 July 2012
Wincanton plc ('Wincanton' or the 'Group')
Interim Management Statement
Wincanton, a leading provider of supply chain solutions in the UK & Ireland,
today issues the following Interim Management Statement for the period from 1
April 2012 to the date of this announcement.
The Group has continued to trade in line with expectations.
During the period, Wincanton has continued with strong new business momentum,
securing an important win with Kiddicare to support their multi-channel growth,
a new contract with Rolls-Royce and shared user warehousing business with The
Retail People and Ella's Kitchen. Additionally, there have been new transport
contracts with CEMEX and Smyths Toys and key renewals with Dairy Crest,
AvantiGas, Neal's Yard Remedies and Superquinn.
The Retail sector continues to be competitive, despite that, the Company has
won new business with big retailers including Asda and Sainsbury's. The Company
has been especially pleased to receive customer endorsement of its operational
excellence and its agility to react to their demands.
The Group has continued to perform well in the Defence sector and in the
specialist Pullman and Records Management businesses. Market conditions
continue to impact volumes in the Containers sector and, while we have been
successful in winning new business, volumes in the Construction sector remain
depressed.
Eric Born, Chief Executive commented:
'We have started the year well and are on track to deliver our plan. Despite a
challenging economy, we continue to make good progress along our path to return
to sustainable profit growth.'
Ends
For further information, please contact:
Wincanton plc
Eric Born, Chief Executive - 01249 710 000
Jon Kempster, Group Finance Director - 01249 710 000
Buchanan
Charles Ryland / Jeremy Garcia / Catherine Breen - 020 7466 5000
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