GXO Announces Completion of UK Regulatory Review of
From GlobeNewswire: 2025-06-19 08:12:00
GXO Logistics, Inc. has received clearance from the UK Competition and Markets Authority to acquire Wincanton, with the condition of divesting some grocery contracts. The integration is set to commence in the third quarter, with no further regulatory reviews needed. GXO has raised its full-year guidance for 2025 on organic revenue growth, adjusted EBITDA, and adjusted diluted EPS. The company expects synergies from the Wincanton acquisition to contribute to revenue growth, which includes organic revenue growth of 3.5% to 6.5%, adjusted EBITDA of $860 million to $880 million, and adjusted diluted EPS of $2.43 to $2.63.
The integration of GXO and Wincanton is expected to enhance GXO’s offering in the UK and Ireland, bringing strategic verticals for growth. GXO is the world’s largest contract logistics provider, with more than 150,000 team members across 1,000 facilities worldwide. The company serves leading blue-chip companies with advanced supply chain solutions. GXO’s non-GAAP financial measures include adjusted EBITDA, adjusted EPS, free cash flow conversion, and organic revenue growth to analyze ongoing business operations. Management uses these measures to make financial decisions and evaluate performance.
Forward-looking statements in the press release include GXO’s full-year 2025 guidance, with risks such as economic conditions, competition, and regulatory matters potentially impacting results. The company believes that its adjusted financial measures provide insights into core operating performance and trends. GXO aims to capitalize on the growth of ecommerce, automation, and outsourcing, delivering logistics solutions with speed and scalability. For media or investor inquiries, contact Matthew Schmidt or Kristine Kubacki for more information.
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