Wincanton plc ('Wincanton') 9 February 2012
Interim Management Statement
Wincanton issues the following Interim Management Statement for the period from
1 October 2011 to the date of this announcement:
During the period Wincanton has continued to trade in line with its
expectations.
Wincanton secured a major win with Asda and new contracts with SuperGroup,
Premier Foods, Chevron, B&Q and Thames Water, demonstrating momentum in its new
business pipeline across different industry sectors. Wincanton continues to
secure renewals including those with WHSmith, Husqvarna and Procter & Gamble.
During the period Wincanton completed the last disposal in the strategic
withdrawal from its Mainland European businesses which will allow Wincanton to
focus on developing its leading position in the UK & Ireland markets.
Wincanton announced the refinancing of its main bank facility in January
following the completion of the disposal above. The refinancing saw a
diversification of Wincanton's capital structure and a much improved maturity
profile of its debt.
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
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.