Wincanton has announced a very positive outcome of the 2023 Triennial Valuation, agreed with the Trustees. The Group and the Trustees have decided that no further contributions are now payable into the Pension Scheme because of the 2023 valuation. Previously, contributions for the year ending 31 March 2024 would have been £23.6m, and £25m each year from April 2024 to March 2027, increasing in line with the Retail Prices Index. The free cash and balance sheet position of the Group is transformed, ....
