Substantial Contract Win by Associate Company

RNS Number : 7625W

Eddie Stobart Logistics PLC

21 August 2020

 

21 August 2020

Eddie Stobart Logistics plc

(the "Company")

Substantial Contract Win by Associate Company

Eddie Stobart plc has been notified by its 49% indirectly owned associate GreenWhiteStar Acquisitions Limited ("GWSA") that it has published the following statement on its website:

Eddie Stobart Ltd, a wholly owned subsidiary of GWSA, announces that it has been appointed by Wm Morrison Supermarkets PLC ("Morrisons") to provide transportation services from two distribution centres.  This contract is additional to the work that Eddie Stobart currently carries out on behalf of Morrisons.

The new three year contract will see Eddie Stobart manage all transport planning and deliveries of chilled and ambient groceries from the two locations to Morrisons' network of supermarkets.

William Stobart, Executive Chairman of GWSA (the owner of Eddie Stobart Ltd) commented:

"This further enhances our existing relationship with Morrisons and is testament to our current performance.  It is excellent news for Eddie Stobart and strengthens our position in the marketplace as the leading transport provider for the retail and consumer sectors"

Further enquiries:

Eddie Stobart Logistics plc	via FTI Consulting
FTI Consulting	(0)20 3727 1340
Nick Hasell / Alex Le May / Matthew O'Keeffe
Cenkos Securities Plc (Nomad & Broker)	(0)20 7397 8900
Nicholas Wells / Giles Balleny / Harry Hargreaves

 

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