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WIN Wincanton Plc

601.00
0.00 (0.00%)
19 Apr 2024 - Closed
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
  0.00 0.00% 601.00 601.00 602.00 602.00 601.00 601.00 3,531,483 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Arrange Trans-freight, Cargo 1.46B 33.2M 0.2718 22.15 735.24M

Wincanton PLC Magnet Contract Renewal (5185F)

23/02/2015 7:00am

UK Regulatory


Wincanton (LSE:WIN)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMWIN

RNS Number : 5185F

Wincanton PLC

23 February 2015

For Immediate release 23 February 2015

Wincanton PLC

('Wincanton' or the 'Group')

Magnet Contract Renewal

Wincanton announces National Contract Renewal with Magnet

Wincanton plc ("Wincanton" or "the Group"), a leading provider of supply chain solutions in the UK and Ireland, today announces that the UK's largest kitchen and joinery specialist, Magnet, has renewed its national home delivery and transport contract with Wincanton in a long term deal.

Magnet, which has close to 200 showrooms across the country, is part of Europe's largest kitchen group, Nobia and originally began its relationship with Wincanton in 2006.

The renewal sees the continuation of Wincanton's two-man home delivery and transportation service from Magnet's North East manufacturing plant in Darlington to Magnet's UK wide customers via strategic distribution sites, handling almost 40,000 deliveries of kitchen furniture, appliances and internal joinery products a year.

To ensure Wincanton remains at the forefront of innovation and service, bespoke double deck trailers will be introduced to the contract, which will consolidate the transportation of kitchen and joinery products for Magnet. This introduction, combined with continued investment in Wincanton's award winning home delivery systems, will create a "step change" in customer satisfaction and performance of the service.

Paul Symmons, Nobia Supply Chain Director - Western Europe, said:

"The Magnet brand is synonymous with quality, craftsmanship and customer care and these are the same qualities we look for in any organisation with which we do business."

"We have a long standing relationship with the Wincanton team who have delivered a consistently high level of customer satisfaction and operational performance and demonstrated a clear commitment to adding value to our business."

Eric Born, Wincanton's Chief Executive, said:

"By remaining at the forefront of supply chain innovation, Wincanton consistently adds value to our customers' operations and we are delighted that Magnet has recognised our commitment to continuous improvement and customer care. We look forward to building on our partnership and enhancing the Magnet customer journey. "

End.

For further information please contact:

 
 
  Wincanton plc 
Eric Born, Chief Executive              01249 710 000 
Adrian Colman, Group Finance Director 
 
  Buchanan 
Richard Oldworth / Gabriella Clinkard   020 7466 5000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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