Appointment of Joint Broker

RNS Number : 7081D

Eddie Stobart Logistics PLC

02 February 2018

 

2 February 2018

Eddie Stobart Logistics plc

('Eddie Stobart Logistics')

Appointment of Joint Broker

Eddie Stobart Logistics, a leading UK logistics and supply chain company, is pleased to announce the appointment of Berenberg as Joint Corporate Broker to work alongside Cenkos Securities.

Enquiries:

Eddie Stobart Logistics plc Alex Laffey, Chief Executive Officer Damien Harte, Chief Financial Officer	via FTI Consulting
www.eddiestobart.com Cenkos Securities (Nomad & Joint Broker) Elizabeth Bowman / Jeremy Osler / Harry Hargreaves www.cenkos.com Berenberg (Joint Broker) Chris Bowman / Toby Flaux / James Brooks [e-mail] www.berenberg.com	[phone] [phone]
FTI Consulting Nick Hasell / Matthew O'Keeffe / Alex Le May www.fticonsulting.com	[phone]

About Eddie Stobart Logistics

Eddie Stobart Logistics is a leading supply chain, transport and logistics business providing industry-leading services to many of the UK's best-known brands.

From its headquarters in Warrington, the business operates some 2,500 vehicles, 3,800 trailers and 26 distribution centres throughout the UK and Europe.

Key differentiators of our business are:

·     Flexible, scalable operational network which can be leveraged to support future growth

·     Shared-user consulting led operating model delivering a combination of above average levels of asset utilisation and operational efficiency offering customers a flexible 'pay-as-you-go' model to reflect demand

·     Operations which span the whole supply chain via road, rail, container movements and contract warehousing offering the full range of end to end logistical services

·     Continued investment in people and industry relevant skills through our dedicated Training Academy

·     Well positioned across different sectors, with a strong growth focus in E-Commerce and MIB

·     Long-term contractual relationships with a diversified blue chip customer base

·     Attractive financial profile with sector leading margins and consistent record of delivering growth both organically and through targeted acquisitions

 

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