Wincanton PLC
18 July 2002
FOR IMMEDIATE RELEASE 18 July 2002
AGM STATEMENT
WINCANTON CONTINUES GOOD PROGRESS IN CURRENT YEAR
Victor Benjamin, Chairman of Wincanton, gave the following trading update at the
Company's AGM this morning:
'New business scheduled to come onstream in recent months has been successfully
delivered for Heinz, BP Castrol and Thistle Hotels, amongst others. Major
network initiatives with customers such as Safeway are also progressing well.'
'Our leading position with Tesco continues to expand, with a regional
distribution centre at Snodland in Kent being added to the sites already managed
by Wincanton at Middleton, Doncaster and Daventry. A new warehouse for Arla
Foods in Leeds is another contract win to have begun operations recently. We
have also taken over the running of one of Argos's regional distribution
centres. This site, at Wolverhampton, is the first warehousing operation to
have been outsourced by Argos.'
'The level of new business enquiry remains high and we remain confident that
Wincanton will achieve further good progress this year.'
Contacts:
Wincanton plc Tel: 01963 828282
Chas Lawrence, Chief Executive
Gerard Connell, Group Finance Director
Charles Carr, Marketing Communications Director
Buchanan Communications Ltd Tel: 020 7466 5000
Charles Ryland,/Jeremy Garcia
This information is provided by RNS
The company news service from the London Stock Exchange
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