CEVA Logistics won't increase takeover offer for Wincanton

5th Mar 2024 09:20

(Sharecast News) - CEVA Logistics, a unit of French shipping firm CMA CGM, said on Tuesday that it won't be upping its takeover offer for Wincanton any further, after being outdone by Clipper Logistics owner GXO Logistics last week.

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Wincanton board backs £762m takeover approach from GXO

1st Mar 2024 07:58

(Sharecast News) - Wincanton said on Friday that its board is now backing a £762m takeover approach by Clipper Logistics owner GXO Logistics, withdrawing previous support for an offer by CEVA Logistics, a unit of French shipping firm CMA CGM.

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Wincanton surges as GXO makes £764m takeover offer, trumps CEVA Logistics

29th Feb 2024 08:59

(Sharecast News) - Wincanton surged on Thursday after Clipper Logistics owner GXO Logistics said it had made a £764m takeover offer for the company, potentially kicking off a bidding war.

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Wincanton jumps as potential bidding war kicks off

26th Feb 2024 08:19

(Sharecast News) - Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604.7m, and following an approach from Clipper Logistics owner GXO Logistics.

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London close: Stocks mixed for third straight week of losses

19th Jan 2024 15:17

(Sharecast News) - London stocks ended the trading session on Friday with a dip in performance, after disappointing retail sales figures had a downward impact on the value of the pound.

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Wincanton to be taken private by Ceva Logistics in £556.9m deal

19th Jan 2024 07:45

(Sharecast News) - Logistics company Wincanton said on Friday that it has agreed to be taken private by Ceva Logistics, a subsidiary of French shipping firm CMA CGM, in a £566.9m deal.

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Sunday share tips: Wincanton, Tesco

26th Nov 2023 20:59

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of supply chain specialist Wincanton to readers judging that the business's prospects were "bright" and the shares "cheap".

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Wincanton on track despite falling sales in first half

10th Oct 2023 09:02

(Sharecast News) - Supply chain group Wincanton said it still expects to meet profit forecasts this year despite first-half revenues taking a dip.

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Wincanton first-quarter revenues fall

12th Jul 2023 09:28

(Sharecast News) - Logistics company Wincanton reported a drop in first-quarter revenues on Wednesday amid lower delivery volumes.

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Wincanton loses HMRC contract, warns on profits

7th Mar 2023 08:18

(Sharecast News) - Wincanton shares tumbled on Tuesday after it issued a profit warning and said it had lost a contract with HM Revenue and Customs.

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Wincanton Q3 revenues slip YOY

13th Jan 2023 08:22

(Sharecast News) - Logistics firm Wincanton warned on Friday that third-quarter group revenues had slipped year-on-year against "tough comparatives".

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Wincanton first-half profits jump despite challenging backdrop

15th Nov 2022 10:44

(Sharecast News) - Wincanton, a supply chain partner for UK business, reported a jump in first-half profit on Tuesday, with revenue growth across all four segments despite a challenging backdrop.

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First-half revenues jump at Wincanton

7th Oct 2022 07:29

(Sharecast News) - Wincanton saw revenues jump in the first half after securing a string of contracts, the supply chain specialist said on Friday.

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Wincanton trading in line despite macro headwinds

12th Jul 2022 10:35

(Sharecast News) - Supply chain specialist Wincanton said in a trading update on Tuesday that it was continuing to make "good" operational and strategic progress, and was trading in line with current market expectations despite wider economic headwinds.

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Wincanton Q4 revenues up 13%

5th Apr 2022 08:13

(Sharecast News) - Logistics company Wincanton said on Tuesday that fourth-quarter revenues were expected to have increased at least 13% on an underlying basis, excluding disposed of businesses.

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