Wincanton PLC
19 July 2007
Immediate Release 19 July 2007
Wincanton plc
('Wincanton')
AGM and Interim Management Statement
David Malpas, Chairman of Wincanton will make the following statement at the AGM
later today. This comprises Wincanton's first Interim Management Statement as
required by the UK Listing Authority's Disclosure and Transparency Rules:
'The year to 31 March 2007 was another year of profit progress and cashflow
generation for Wincanton, allowing your Board to again recommend a dividend
increase significantly in excess of inflation. It was also another successful
year for new business wins, contract renewals and operational start-ups and this
momentum has continued into the new financial year.
We have set ourselves stretching objectives for the new financial year which, as
always, will bring its share of challenges. We nonetheless continue to have
confidence in Wincanton's ability to build further on the achievements of recent
years. There is continuing opportunity for us in the UK & Ireland and we are
building momentum in our focus markets in Mainland Europe.
The new financial year to 31 March 2008 has started well, with results in line
both with our budgeted position and with our expectations for the full year. Our
business development teams remain active across the Group, and we continue to be
encouraged both by further recent contract wins and the new opportunities
currently under review.
Our objective is for 2007/08 to be another period of strategic progress,
confirming Wincanton's position as a leader in its sector.'
For further enquiries please contact:
Wincanton plc
Graeme McFaull, Chief Executive Tel: 01249 710000
Gerard Connell, Group Finance Director
Buchanan Communications
Charles Ryland, Jeremy Garcia Tel: 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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