Wincanton PLC
22 January 2008
For Immediate release 22 January 2008
Wincanton plc
('Wincanton')
Interim Management Statement
The following statement comprises Wincanton's Interim Management Statement for
the period from 1 October 2007 to 21 January 2008 as required by the UK Listing
Authority's Disclosure and Transparency Rules:
'In the first half of the current financial year, Wincanton reported another
period of operational and financial progress, building on the Group's track
record of combining consistent organic growth with a successful acquisition
programme.
As expected, the strong momentum of our UK & Ireland business has continued into
the second half and the improved first half performance in Mainland Europe is
also being sustained. The infill acquisition in the UK construction sector
announced with our interim results in November 2007 has been successfully
integrated and is contributing well. A further acquisition, Hanbury Davies Ltd,
which expands our presence in the fast-growing container logistics sector, was
announced last week.
Our business development teams are now focusing on our targets for 2008/09 and
beyond. We are encouraged by both the sustained momentum of the UK & Ireland
business and the early results of our increased investment in marketing and
business development initiatives in Mainland Europe. A number of further
potential acquisition targets remain under review in both the UK & Ireland and
Mainland Europe.
We continue to anticipate that the results for the full year to 31 March 2008
will be in line with our expectations.'
For further information please contact:
Wincanton plc Tel: 01249 710 000
Graeme McFaull, Chief Executive
Gerard Connell, Group Finance Director
Buchanan Communications 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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