AGM Statement

RNS Number : 5545D

Wincanton PLC

27 June 2019

 

For Immediate Release

27 June 2019

Wincanton PLC

('Wincanton' or the 'Group')

AGM Statement

Wincanton, a leading provider of supply chain solutions in the UK & Ireland, will hold its Annual General Meeting today at 11 am at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN, at which Dr Martin Read CBE, Chairman, will make the following statement:

The Board confirms that Wincanton continues to trade in line with expectations.

As previously announced on 14 June 2019 Wincanton has been appointed by Wm Morrison Supermarkets PLC ("Morrisons") to provide transportation services from three distribution centres to its stores. The new five-year contract will see Wincanton manage all transportation planning and operations from the three locations to support Morrisons' network of stores.  Wincanton will also be responsible for vehicle maintenance through its fleet management business, Pullman Fleet Services, at five Morrisons sites.

As set out in our Full Year results, a final dividend of 7.29p per share in respect of the year ended 31 March 2019 will be payable, subject to approval at today's AGM, on 2 August 2019 to those shareholders on the register on 5 July 2019.

ENDS

For further information, please contact:

Wincanton plc	Tel: [phone]
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer
Buchanan (Financial PR)	Tel: [phone]
Richard Oldworth
Victoria Hayns
Maddie Seacombe	[e-mail]

About Wincanton

Wincanton is the largest British third party logistics (3PL) company, providing supply chain solutions to some of the world's most admired companies across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks, through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long-term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Key facts:

.       17,600 colleagues

.       200+ locations

.       Responsible for 3,600 vehicles

.       Revenue £1.1bn

.       4,600 drivers

.       14.3m sqft of warehousing space

www.wincanton.co.uk 

 

END

 

 

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