Wincanton plc is a provider of supply chain solutions. The Company operates through two segments: Contract logistics and Specialist businesses. The Company provides contract logistics solutions to customers across a range of sectors and serves in retail, construction and defense markets.

New Contract Wins since May 2015 & length of contracts:

Heinz: 4 Years
Halfords: 1+ Years
B&Q: 5 Years
Dairy Crest 5 Years
BAE Systems: 1+ Years

Contract Increases is due to Wincanton’s extensive network in order to scale operations up and down to meet wide seasonal fluctuations in demand. This focus on maximising assets, including shared transport and warehousing initiatives, also delivers significant environmental benefits, a key factor for businesses which pride themselves on a long term commitment to sustainability.

The reason i will be taking a small holding in this company is mainly looking at the fundamental side which includes low oil prices and major contract wins. With regards to looking at the balance sheet we have seen net profits decrease from 27.4 to 19.3, a market cap of 234 million and revenue exceeding 1 billion. With a healthy PE ratio of 8.6 and the share price has increased 35% over the last year with no real effects from the drop in non profit to me it shows investors really do see the potential in Wincanton.  With expected growth and more contract wins i will surely be looking to hold this stock for the next 2 years.

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