Trading Update

03 April 2012 Wincanton plc ('Wincanton' or the 'Group') Trading Update Wincanton, a leading provider of supply chain solutions in the UK & Ireland, today issues the following trading update ahead of its preliminary results for the year ended 31 March 2012, which will be announced on 14 June 2012. The Group has continued to trade in line with its expectations for the year ended 31 March 2012, as described in its Interim Management Statement on 9 February 2012. The Group has been successful in retaining and winning a number of contracts across all its market sectors. However, market conditions have been challenging in the Retail and FMCG sectors and the Containers business, and we expect these to remain for the year ahead. A number of the Group's customers are seeing a decline in volumes, which is resulting in a reduced demand for warehouse space and excess property in the Group. The Group has continued to perform well in the businesses such as Pullman Fleet Services and Records Management and in our Construction and Defence sectors. For the medium term, the Group sees significant opportunities in further enhancing its existing service offering. Therefore, the Group has committed resource to develop more flexible and advanced product solutions, combining its assets, best in class processes and system capabilities to help its customers to improve further the performance of their supply chain. For the year ending 31 March 2013, certain of the Group's businesses will be adversely impacted as a result of the loss of volume, together with some excess space and the decision to invest in future growth opportunities. The Company continues to look for ways to reduce costs and make efficiency improvements. The cost reduction measures undertaken during the year have assisted the short term objective to stabilise the Group's profitability as was set out in December 2010. Following the disposals undertaken in the year ended 31 March 2012 and the successful refinancing, the Group continues to review options to further reduce its average net debt in order to achieve a more sustainable level in the context of the Group's continuing operations. Eric Born, Chief Executive commented: "The year ended 31 March 2012 has been a year of transition for Wincanton, set against an economic environment that is very difficult. The disposal of the Mainland European businesses has enabled the Group to focus on the core UK and Ireland businesses, reduce overall debt levels and refinance its existing bank facilities. Our focus remains on stabilising and maximising opportunities in the core business whilst developing product solutions that will provide profitable growth in the future and enable us to further reduce our average net debt." Ends For further information, please contact: Wincanton plc Eric Born, Chief Executive - 01249 710 000 Jon Kempster, Group Finance Director - 01249 710 000 Buchanan Charles Ryland / Jeremy Garcia / Catherine Breen - 020 7466 5000

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