Trading Update

RNS Number : 5116B

Wincanton PLC

04 April 2013

 



For Immediate Release

4 April 2013

Wincanton plc ('Wincanton' or the 'Group')

Trading Update

Wincanton, a leading provider of supply chain solutions in the UK & Ireland, today issues the following trading update ahead of preliminary results for the year ended 31 March 2013.

The Group has continued to trade in line with market expectations.

The Group's Contract Logistics business continues to perform robustly, securing new wins and renewals across a broad range of sectors, despite the UK market place remaining challenging.  During the final quarter, we have successfully opened the first convenience store distribution centre for Morrisons, utilising our systems solution, and a second similar operation for Sainsbury's, both serving the London market.  The Group's ability to deliver these fast, efficient operational start ups, incorporating our technology platforms and solutions, provides the Group with competitive propositions to win new business, especially in the retail market place.

Our Defence business has delivered a good performance across the year with potential to expand our relationships with existing blue chip customers. We have also secured new Retail and FMCG customers across our shared user warehouse facilities.

Within Specialist Businesses, our Container business continues to be affected by  the ongoing lower volumes in the UK container market place. However, Records Management and Pullman Fleet Services have produced good performances, growing with new customers in the healthcare sector and with existing home delivery customers, respectively. 

Wincanton will announce preliminary results on Thursday 13 June 2013.

For further information please contact:

Wincanton plc                                               Tel: [phone]

Eric Born, Chief Executive

Adrian Colman, Group Finance Director

Buchanan                                                     Tel: [phone]

Jeremy Garcia / Gabriella Clinkard

 

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