Wincanton says its new financial year to March 2008 has started well, with full-year results in line with expectations. Chariman David Malpas told the firm's AGM last week that there was continuing opportunity for Wincanton in the UK and Ireland and the firm was building momentum in its markets in continental Europe.
"Our objective is for 2007/08 to be another period of strategic progress, confirming Wincanton's position as a leader in its sector," Malpas said. "We have set ourselves stretching objectives for the new financial year which, as always, wil bring its share of challenges.
"Our business development teams remain active across the group, and we continue to be encouraged both by further recent contract wins and the new opportunities currently under review," he added, stating that the progress has allowed the board to recommend a dividend increase "significantly in excess of inflation."