Trading Update & Notice of Results

Wincanton PLC

10 October 2023

 

10 October 2023

LEI: 213800Z5WTW8QKOHWQ82

Wincanton plc

("Wincanton" or the "Group")

Trading Update & Notice of Results

Wincanton plc, a leading supply chain partner for UK business, updates on trading for the six months ended 30 September 2023.

The Group continues to trade in line with market expectations.[1] As in prior years, profit is expected to be weighted towards the second half of the financial year, reflecting our seasonal peaks and the onboarding of new customer wins. In line with the Q1 Trading Update, total revenue is expected to be lower year-on-year, reflecting the strategic reorganisation of the Group's transport operations.

The Group will publish its interim results on 9 November 2023.

There will be a presentation to analysts, investors and stakeholders on the day of the announcement starting at 09:00 (GMT) (registration from 08:30), at Numis, 45 Gresham St, London, EC2V 7BF.

There are two options for participation:

1.  To attend in person, please email your details to [e-mail]

2.  To join the webcast, a link will be provided in the Interim Results RNS

A recording of the webcast will be made available on the Group's website on the day of announcement.

-Ends-

For further information please contact:

Wincanton Plc                                                                                  Tel: [phone]

James Wroath, Chief Executive Officer

Tom Hinton, Chief Financial Officer

Ezra Bigland, Investor Relations Manager

Headland                                                                                           Tel: [phone]

Susanna Voyle/ Henry Wallers

E: [e-mail]  

About Wincanton 

Wincanton is a leading British supply chain solutions company. The Group provides business critical services including storage, handling and distribution; high volume eFulfilment; retailer 'dark stores'; two-person home delivery; fleet and transport management; and network optimisation for many of the UK's best-known companies.

The Group is active across a range of markets including food and consumer goods; retail and manufacturing; eCommerce; the public sector; major infrastructure; building materials; fuel; and defence. With almost 100 years' heritage, Wincanton's 20,300-strong team operates from 160 sites across the country, responsible for 7,400 vehicles.

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[1] ​Current market consensus for FY24 PBT of £50.3m

 

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