REG - Wincanton PLC - Trading Update & Notice of Results

WincantonAnnouncement

10/10/2023 07:00

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RNS Number : 4706P  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  (#_ftn1) 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
investor.relations@wincanton.co.uk (mailto:investor.relations@wincanton.co.uk)

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:
+44 12 4971 0000

James Wroath, Chief Executive Officer

Tom Hinton, Chief Financial Officer

Ezra Bigland, Investor Relations Manager

Headland
 
Tel: +44 20 3805 4822

Susanna Voyle/ Henry Wallers

E: wincanton@headlandconsultancy.com
(mailto:wincanton@headlandconsultancy.com)

 

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.

 1  (#_ftnref1) Current market consensus for FY24 PBT of £50.3m

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