CEVA Logistics wins contract with EDF
14 August 2009 - 13:50 CET
CEVA to provide Cable Management and Distribution ServicesAshby De La Zouch, UK, 14 August 2009 - CEVA Logistics a leading global supply chain management company, has been awarded a contract to provide cable management and distribution services for EDF Energy Networks. The five-year contract is worth £2 million per annum.
Under the contract, CEVA will provide cable management and distribution services on behalf of EDF Energy Networks. CEVA will also provide the company with a 24/7 emergency call-out service for urgent requirements.
This operation will involve receipting cable drums at a secure location in Childerditch, Essex, and managing all third party contractual requirements, including the supply of full cable drums, the cutting of cable to smaller coils and the capping, taping and supplying of issued lengths. CEVA will also re-drum required lengths to smaller drums using automated cable cutting machinery. CEVA implemented the contract as a zero defect start-up operation (ZDS).
Chris Matthews, Head of Logistics at EDF Energy Networks, said: "CEVA impressed us with their high level of expertise within the utilities sector. They share our passion for excellence and we are keen to benefit from their continuous improvement and LEAN programmes."
"We are delighted that EDF Energy Networks has chosen CEVA as a logistics partner," said Nick Cullen, Executive Vice President, Business Development, Northern Europe, CEVA Logistics. "We have vast expertise in this sector and we are developing a range of industry specific solutions to benefit our customers."
For more information contact:
Lindsey Randle
T: +44 1530 568709
E: lindsey.randle@cevalogistics.com
CEVA Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com.
About EDF
The combination of EDF Energy and British Energy forms one of the UK's largest energy companies. The combined business is the UK's largest producer of electricity. With a current installed capacity of around 16.5GW, we produce almost one-quarter of the nation's electricity from our nuclear, coal and gas power stations, as well as combined heat and power plants and wind farms. The company provides power to a quarter of the UK's population via our electricity distribution networks in London, the South East and the East of England and supply gas and electricity to over 5.5 million business and residential customers.
Through Our Climate and Social Commitments we have launched the biggest environmental and social packages of any UK energy company. The company is also a key player in national infrastructure projects including management of private electricity networks serving four London airports and the Channel Tunnel Rail Link, the country's first major new railway in 100 years.
EDF Energy and British Energy together employ nearly 20,000 people at locations across the UK. The combined companies are part of EDF Group, one of Europe's largest power companies. EDF is the official energy utilities partner and sustainability partner of the London 2012 Olympic and Paralympic Games.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's annual and quarterly reports, available on the Company's website. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
