STOB.L Share News (STOB)

(ShareCast News) - Stobart Group has won a one-year contract with the UK Environment Agency to provide incident response logistics services in areas threatened with flooding.Stobart's rail arm, which will manage the contract using logistics expertise from across the group, assist with logistics, storage and transport requirements.The contract, which began on 30 September, includes the company providing a "flexible 24/7 response" for an "initial twelve months", suggesting the possibility of extension if successful."Last year's floods were devastating for many communities across the UK," said chief executive Andrew Tinkler."I am delighted to announce that Stobart Group will be providing support to the Environment Agency over the next twelve months and utilising our assets to deploy equipment as and when required."