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May 26, 2012 01:31 am US/Eastern
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Stobart Group Limited : Scania Gets Repeat Order For 1,000 Trucks In UK

02/07/2012 | 07:26am

Swedish truck maker Scania AB (SCV-A.SK) said Tuesday that Eddie Stobart (STOB.LN) and A. W. Jenkinson Forest Products have once again signed a joint-procurement agreement with Scania in the U.K. for the supply of 1,000 trucks.

 
   MAIN FACTS: 

-The deal mirrors the order placed by the two operators in 2010, which at the time represented Scania's largest ever supply agreement in the U.K.

-Scheduled for delivery between Mar. 2012 and Dec. 2013, approximately 300 units will enter service this year.

-As with the previous order, the mix of vehicles will comprise mainly Scania R-series tractor units but will also include a significant number of Scania G-series models.

-At 1209 GMT shares traded 1.9% lower at SEK116.60.

-By Dominic Chopping; Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com

 
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