Wincanton Share Discussion Threads

[volvo] 20/5/2021 07:15

Current Trading and Outlook

We have been able to carry strong momentum into the new financial year and current trading is encouraging. Retail volumes have remained strong and our construction and public sector businesses continue to perform well.

We remain highly confident that we are well placed to make further progress, though we are mindful of the competitive environment and short term uncertainties as the country moves out of lockdown. We have in place the right strategy and the right people and believe our wide range of supply chain services and capabilities will enable growth ahead of historic levels across our four sectors.

[filament] 20/5/2021 07:05

Profits up 10.1 % from last year

[volvo] 19/5/2021 13:30

rimau, we have looked at Clipper v Wincanton before and if Clipper is worth its valuation, which it may do as it enjoys excellent trading, then Wincanton can't be far behind as its moves into full e-fulfillment in a major way.....except the pe ratio is vastly different, Win 12 Clip 33.

Prove to the markets that Wincanton is growing strongly, starting tomorrow.

Large divi increase, and super confident update sees 500p come and go

[rimau1] 19/5/2021 13:13

I share volvo’s bullishness and have added ahead of tomorrow as i expect a continued outperform expectations statement and the rerate to continue. Took some profits from Clipper to add here although Clipper is still my preferred stock, its a role model for Win to aspire to but priced accordingly now! UK logistics in a 2021 sweet spot i feel. Good luck all.

[volvo] 19/5/2021 13:10

The house brokers will contacted tomorrow morning with the new forecast/outlook for 2021 2022 and will be upgrading Wincanton accordingly, nearer 600p plus.

[santangello] 19/5/2021 13:09

All eyes on the (eagerly awaited) Prelims in the morning :)Last half an hour today could see some price action maybe ?

[volvo] 19/5/2021 08:53

This is an exciting time for Wincanton. Evolving our brand identity for now and the future, is another step in our growth ambitions to attract customers, investors and new colleagues, but also ensure we continue to be a key partner for some of Britain's biggest brands and public bodies.

James Wroath
CEO

[matt] 18/5/2021 12:50

This sideways movement at a level similar to the historic high leaves WIN poised for a nice breakout.

[volvo] 18/5/2021 11:23

We have all the modern up to date look and some nice quotes about growth.



QS yes expecting a very bright upbeat outlook on Thursday with a strong year 2021-22 highlighted

[qs99] 18/5/2021 08:35

Are we going to see a surge before the next update?

[volvo] 15/5/2021 08:07

I like just making statements and couldn't care less about credibility.

On the 7th April JPM announced it had bought 5pc of Wincanton from a standing start, ie it had no position before this (since further increased to 5.5pc on 19th April).

It is the only company to show a increased holding for some time. Also JPM has a habit of fronting for others, particularly where corporate action has followed.

Imo they are in the market as active buyers if anyone wishes to sell in volume, as happened on Thursday, where the seller achieved an attractive price during a difficult trading day (markets heavily down).

Anyhow roll on Thursday.

[baddeal] 14/5/2021 23:45

Well,if you have such evidence why not provide it rather than just make statements, it's hardly adds to credibility

[volvo] 14/5/2021 18:08

my evidence, in doubt find your own evidence

[baddeal] 14/5/2021 11:36

What evidence is there that JPm picked up 1m yesterday?

[volvo] 14/5/2021 11:04

sicknote, for every sell there is a buyer, and for every buy there is a seller.

IMO, JP Morgan are taking on all sellers, yesterday picking up another £1m, and the share price didn't move, all looking positive, the share price remains strong just waiting for the next move higher....Thursday next week.

Not ruling out buy out action here, especially with the likes of JPM on the scene, where could the share price be in 3 years in this new new era, 1300p to 1600p or more, nice return on someone buying the company now

[s34icknote] 13/5/2021 19:16

A seller is holding this back

[celeritas] 13/5/2021 11:46

The last update.

Trading Update

Wincanton delivers strong trading performance & expands eCommerce capacity



Wincanton, a leading supply chain partner for UK business, today provides an update on Q4 trading performance in advance of the release of its full year results on 20 May.



Highlights



· Group underlying revenue in Q4 +15% year-on-year, Digital and eFulfilment +40%

· Repayment of £5.8m of furlough support

· Full year results anticipated to be above market expectations

· Acquisition of lease on large-scale, fully automated eFulfilment facility in Rockingham, Northamptonshire

· New business secured with B&Q, Snug, Heineken and Kelkay



Q4 performance update



The Group has continued to perform strongly in the fourth quarter and underlying revenue, excluding disposed businesses, is expected to be around 15% ahead of prior year, with growth in all four sectors.



Digital and eFulfilment is again set to deliver year-on-year growth of c.40% in the period. In addition to the high volumes in its existing eCommerce activities, the sector has been bolstered by the start-up of new business for Dobbies and Dwell and the commencement of operations at its west London Customer Fulfilment Centre (CFC) for Waitrose. The CFC has been running for just over three weeks and, in that time, the team has picked and dispatched close to 20,000 orders.



Public and Industrial is expected to show year-on-year growth of c.10% in the quarter. There has been a ramp-up of Public Sector activity, most notably on contracts covering Inland Border Clearance services and the storage and distribution of Covid-19 testing kits, and the Group has experienced improved volumes for its building materials customers. This has been partially offset by lower levels of activity in the energy business due to the reduction in demand prompted by the lockdowns across the UK.



Performance in Grocery and Consumer remained strong and is expected to grow by around 3% against a challenging year-on-year comparison, with Q4 2019/2020 seeing the emergence of panic buying from consumers in the early weeks of the pandemic. The sector has secured a two-year contract with Heineken to handle products to retail outlets throughout England and Wales. General Merchandise (+c.28%) has benefitted from good levels of demand during the recent lockdown, particularly for DIY products. A new three-year contract was secured with garden landscaping products manufacturer, Kelkay, to provide a full transport service.



The Group has maintained a strong balance sheet whilst also repaying both its deferred pension contributions and VAT in full. Following the continued strong performance through the second half of the year, Wincanton has repaid £5.8m of Government support received under the Coronavirus Job Retention Scheme (CJRS), initially taken to protect jobs in its retained, closed book business. The Group expects to deliver full year profits above market expectations, after taking into account repayment of furlough support.



Wincanton expands eCommerce capacity



Wincanton will be leasing a state-of-the-art, automated eFulfilment facility in Rockingham, Northamptonshire, as part of its ongoing strategy to extend its eCommerce proposition, creating additional capacity to drive expansion. The new facility has already enabled the Group to secure business with B&Q and Snug, and there is a healthy pipeline of further opportunities.



The 528,000 sq ft facility has been designed to deliver highly automated eFulfilment services to multiple clients, reducing unit costs and shortening lead-times in response to the rapidly changing demands of the consumer. The site is the Group's second and largest multi-user eFulfilment centre, following the acquisition of a facility in Nuneaton in 2020, and it is the latest evidence of Wincanton's strategic focus on the high-growth eCommerce market.



An agreement has been reached with B&Q to support their e-commerce growth, adding to the extensive range of supply chain solutions already provided by Wincanton for Kingfisher. Our new automated site in Rockingham will enable B&Q to rapidly expand the number of products available to customers on the shortest possible lead times.



Wincanton will be creating an end-to-end eFulfilment and Home Delivery service for new customer Snug, the original Sofa in a Box company and one of the fastest-growing eCommerce brands in the UK. The three-and-a-half-year contract will see Wincanton fulfil all customer orders, with large products being delivered via the Group's industry-leading, two-person home delivery network. Wincanton will also be deploying its latest cloud fulfilment technology and carrier management solutions, to enable rapid customer onboarding.



The site, which will be leased for an initial period of three-and-a-half years, will house the Group's first Customer Innovation Centre and Wincanton will further invest in the facility to develop next generation robotics and digital solutions to maintain its leading position in this exciting market.



James Wroath, Chief Executive Officer of Wincanton, commented: "Wincanton has delivered another strong performance, maintaining our positive momentum throughout the final quarter of the year. Our people have met the challenges associated with operating in another lockdown and it is very satisfying to see all four parts of the business in growth and contributing positively to the Group.



"We are also delighted to have expanded our eFulfilment capabilities and capacity further with our new site in Rockingham. This serves as a marker of our ambitions to capitalise on the growth opportunities presented by the increasing prominence of online retail."

[volvo] 13/5/2021 11:13

Only need to wait a week, next Thursday results.

The results will be good, but did include the shutdown period of April and May before strongly recovering, BUT that isn't the story here.

The real story will be the strength of the recovery. Today the company is trading at new record high levels of business and is showing no signs of slowing down, so the trading outlook will be very bullish for the year ahead

[s34icknote] 13/5/2021 10:02

Dx had good results Ahead of expectation

[s34icknote] 11/5/2021 20:42

Market wobbling Win in right sector snd a safer bet than most

[volvo] 11/5/2021 19:00

Took more today at sub 420p.....see where that sits in 6 months.

Never been more certain on a 1 way bet......the company is booming, i know it.

Loving this

[s34icknote] 11/5/2021 13:11

Prefer real companies !!!

[peaky traders] 11/5/2021 12:11

SYME is about to blow,last chance , figures this month.