Markets are underestimating the turnaround story at small-capitalisation haulage firm Wincanton (WIN). The current consensus of analysts' estimates is calling for pre-tax profits to come in at about £25m this year, followed by a small increase to £26m next year, on the back of largely flat revenues. However, after renegotiating its financing and with plans to exit costly leases the well-diversified firm can easily beat those forecasts.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis