Interim Management Statement

RNS Number : 7604K

Wincanton PLC

21 July 2011

 



For immediate release

21 July 2011

Wincanton plc

Interim Management Statement

Wincanton plc (the 'Group') issues the following Interim Management Statement for the period from 1 April 2011 to the date of this announcement.

The Group's trading performance in the period was in line with our expectations.

The Group has secured a number of renewals in the period, including operations for B&Q and Procter & Gamble, and also a number of wins including operations for Forticrete and Jack Wills.  Our Mainland European business has started the year well and the Group continues to make good progress in developing our business pipeline with potential new customers.

Trading conditions remain challenging in certain areas, including containers where volumes have been lower than expected.  We have also been impacted by the closure of Focus DIY, a long term customer of the Group.

The sale of the three European businesses, announced at the time of our preliminary results in June 2011, is progressing.

For further information, please contact:

Wincanton plc Eric Born, Chief Executive Jon Kempster, Group Finance Director	Tel: [phone]
Buchanan Communications Charles Ryland / Jeremy Garcia	Tel: [phone]

 

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