Wincanton, slowly recovering from the loss of HMRC business and the March cratering of its share price, is refocusing on externalising costs through “Open Book” pricing.
The announcement that HMRC would not be renewing its contract for inland customs facilities sent Wincanton shares tumbling from March highs of £309 per share to as low as £192 in the same month. Total consolidated income demonstrated a major drop to £15.2m in FY2023, …
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