Nationwide Accident Repair Services : Contract Extension

AIM: NARS

Nationwide Accident Repair Services plc

("Nationwide" or "the Group")

Contract extension

Nationwide, the largest dedicated provider of automotive crash repair services in the UK, is delighted to announce that its contract with AXA UK has been extended to cover additional work worth an estimated £10 million per annum. Nationwide is now designated to provide the full range of its repair services to AXA's Personal Lines Intermediary Business as well as its Commercial Lines Business.  The agreement supports the Group's trading performance in the current financial year and beyond. 

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About Nationwide Accident Repair Services plc

Nationwide provides automotive crash repair and accident administration services to the UK insurance industry, fleet operators and retail customers and is the largest dedicated provider of accident repair services in the UK. 

The Group operates a national network of accident repair centres across England, Scotland and Wales and has dedicated mobile repair fleets which repair light damage and automotive glass. Other services include accident administration, courtesy cars and salvage management. All Nationwide's services are fully integrated and unified on a single IT platform, enabling the Group to provide market-leading standards.