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WIN Wincanton Plc

603.00
-1.00 (-0.17%)
Last Updated: 12:27:38
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wincanton Plc LSE:WIN London Ordinary Share GB0030329360 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.17% 603.00 603.00 604.00 604.00 603.00 604.00 691,983 12:27:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Arrange Trans-freight, Cargo 1.46B 33.2M 0.2718 22.19 736.46M

Wincanton Wins Multi-Million Five-Year Morrison Supermarkets Deal

08/10/2012 8:56am

Dow Jones News


Wincanton (LSE:WIN)
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LONDON--Wincanton PLC (WIN.LN), a provider of supply chain services in the U.K. & Ireland, Monday announced that it has been awarded a multi-million five-year contract by supermarket group Wm Morrison Supermarkets PLC (MRW.LN) to operate its first ever dedicated U.K. convenience distribution centre in London.

MAIN FACTS:

-The contract is for combined warehouse and transport operations, supported by Wincanton's system platform.

-Morrisons recently announced plans to open 20 new convenience stores across the U.K. by the end of 2012 following successful trials of its "M Local" format in Leeds, Manchester and Birmingham.

-The new 100,000 square foot cross-dock distribution centre will open in Feltham early next year.

-Shares closed Friday at 64 pence valuing the company at GBP77 million.

-Write to Rory Gallivan at rory.gallivan@dowjones.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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