JRVS Jarvis

 

TIDMJRVS 
 
RNS Number : 2867T 
Jarvis PLC 
03 June 2009 
 

3 June 2009 
 
 
Jarvis plc announces GBP20 million E.ON contract extension 
Jarvis plc is pleased to announce that its subsidiary Fastline Limited has 
secured a two year eight month extension to its contract to haul coal for E.ON, 
one of the UK's leading power and gas companies. E.ON has exercised the option 
to extend the term of the contract from its current expiry on 30 April 2013 to 
31 December 2015. The value of this contract over the additional period is 
expected to be in excess of GBP20million. 
The service is delivered by Fastline Freight (a division of Fastline Limited), 
which commenced its coal haulage operations for E.ON in May 2008. The contract 
provides a dedicated service hauling coal by rail to Ratcliffe-on-Soar and 
Ironbridge power stations. 
Richard Entwistle, Chief Executive Jarvis plc, said: "We are delighted to have 
secured the extension of this contract with E.ON. Since launching our bulk 
haulage service last year we have concentrated on delivering a best in class 
service that is both customer focussed and flexible. This extension to the 
contract shows the confidence that E.ON has in our service delivery and 
capability. It has enabled us to order further equipment to support the contract 
and we are confident that it will lead to further opportunities." 
ends 
 
 
 
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