Wincanton PLC Wincanton awarded contract extension by Ikea (9225C)

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RNS Number : 9225C

Wincanton PLC

24 June 2021

24 June 2021

Wincanton plc

("Wincanton" or the "Group")

Wincanton awarded contract extension by Ikea

Wincanton, a leading supply chain partner for UK business, has been awarded contract extensions by Ikea to operate its customer distribution centres (CDCs) in Medway, Kent and Harlow, Essex, for five and two years respectively. Wincanton will continue to ensure a great service for Ikea's customers across Greater London and the South-East.

The contract extensions represent continued progress against the Group's strategic focus on its growth markets, particularly in Digital and eFulfilment. They also demonstrate Wincanton's ability to capitalise on the shift in consumer purchasing habits that have accelerated during the course of the pandemic.

James Wroath, Chief Executive Officer of Wincanton, said: "This is another important step in our long-standing relationship with Ikea and more evidence of the positive progress we are making in our Digital and eFulfilment business. We are proud to have supported Ikea in achieving significant volume growth in the past year and these extensions reflect both the success of our partnership and the underlying strength of Wincanton's broad supply chain capabilities."

For further information please contact:

Wincanton Plc Tel: [phone]

Tim Lawlor, Chief Financial Officer

Headland Tel: [phone]

Susanna Voyle/ Henry Wallers/Oliver Simmonds

E: [e-mail]

Notes to Editors

About Wincanton

Wincanton is a leading British supply chain solutions company. The Group provides business critical services including storage, handling and distribution; high volume eFulfilment; retailer 'dark stores'; two-person home delivery; fleet and transport management; and network optimisation for many of the UK's best known companies.

It is active across a range of markets including food and consumer goods; retail and manufacturing; eCommerce; the public sector; major infrastructure; building materials; fuel; and defence. With almost 100 years' heritage, Wincanton's 19,600-strong team operates from more than 200 sites across the country, utilising 3,500 vehicles.

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June 24, 2021 02:00 ET (06:00 GMT)