Half Year Results 

Wincanton reveals margin improvement

Wincanton reveals margin improvement

Logistics company Wincanton (WIN) shrugged off its pension deficit in the first half of its financial year, shifting the funding position to an £8.1m surplus. Strong cash generation during the period also meant net debt was pushed down by 42 per cent, according to chief financial officer Tim Lawler.  

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now