REG - Wincanton PLC - Appointment of Auditors

WincantonAnnouncement

18/02/2020 07:00

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RNS Number : 2339D  Wincanton PLC  18 February 2020

 
 18 February 2020

 

 

 

 

 

WINCANTON PLC ("Wincanton", the "Company" or the "Group")

 

Appointment of Auditors

 

Following the conclusion of a formal competitive tender process, the Board is
pleased to propose the appointment of BDO LLP ("BDO") as its external auditor
to take effect from the financial year commencing 1 April 2020. BDO will
conduct the audit of the Company's financial statements for the financial year
ending 31 March 2021. The appointment is subject to approval by shareholders
at the next Annual General Meeting of the Company, to be held on 25 June 2020.

 

KPMG LLP ("KPMG") will continue in its role as external auditor to Wincanton
for the current financial year ending 31 March 2020.

 

Further disclosure on the formal competitive tender process conducted by the
Audit Committee will be set out in Wincanton's 2020 Annual Report.

 

Paul Dean, Chair of Wincanton's Audit Committee, said: "We would like to thank
KPMG for their many years of service as Wincanton's auditor. Subject to
shareholder approval at the 2020 AGM, we look forward to working with BDO in
the future."

 

-Ends-

 

For further information please contact:

 

Wincanton Plc
 
Tel: 01249 710 000

Tim Lawlor, Chief Financial Officer

 

Buchanan
 
Tel: 020 7466 5000

Richard Oldworth/Vicky Hayns

 

 

Notes to Editors

 

About Wincanton

Wincanton is the largest British third-party logistics (3PL) company,
providing supply chain solutions to some of the world's most admired companies
across a wide range of industries including retail, construction, defence and
energy.

As a trusted and respected business partner, we design and implement services
and solutions 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.

Key facts:

•           17,600 colleagues

•           200+ locations

•           Responsible for 3,600 vehicles

•           Revenue £1.1bn

•           4,600 drivers

•           14.3m sqft of warehousing space

 

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