AGM Statement

RNS Number : 8151S

Wincanton PLC

28 June 2018

 

                                                                                                                        28 June 2018

Wincanton PLC

('Wincanton' or the 'Group')

AGM Statement

Wincanton, a leading provider of supply chain solutions in the UK & Ireland, will hold its Annual General Meeting today at 11 am at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN, at which Stewart Oades, Interim Chairman, will make the following statement:

The Board confirms that Wincanton continues to trade in line with expectations.

In the period since the year end, we have secured contract wins and renewals including a new contract with EDF Energy to provide warehouse and transport services for the construction of Hinkley Point C, an extension of services delivered to a major construction products customer and the renewal of our e-Fulfilment operations with Loaf.com.

As set out in our Full Year results, a final dividend of 6.63p per share in respect of the year ended 31 March 2018 will be payable, subject to approval at today's AGM, on 3 August 2018 to those shareholders on the register on 6 July 2018.

ENDS

For further information, please contact:

Wincanton plc Tel: [phone]

Adrian Colman, Chief Executive Officer

Tim Lawlor, Chief Financial Officer

Buchanan Tel: [phone]

Richard Oldworth / Chris Lane/ Maddie Seacombe

Notes to Editors

Wincanton plc

Wincanton is the largest British logistics firm, providing supply chain consultancy and solutions to some of the world's most admired brands.

We employ approximately 18,000 people across more than 200 sites and have a 3,600‐strong fleet of vehicles. Our business started in 1925 delivering milk and dairy products.

Although our heritage means a lot to us, we have since expanded to provide supply chain solutions across a wide range of sectors including retail, construction, defence and

energy.

As a trusted and respected business partner, we design and implement services that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to more than 20 years.

Key facts:

· Annual revenue in the UK & Ireland exceeds £1.1 billion

· Circa 18,000 employees including 4,000+ drivers

· Operates from 200+ locations with 7.6 million square feet of warehousing across the UK and Ireland

· Operating responsibility for around 3,600 vehicles

 

END

 

 

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