Gist shows strength despite industry slowdown
The BOC Group has today announced its first quarter financial results revealing a strong performance from the Group’s supply chain arm, Gist.
Gist Managing Director Martin Gwynn commented: “For the third quarter running Gist has shown positive growth in both turnover and profit. This is an endorsement to our new, highly successful service offerings, which encompass not only supply chain operations, but also total managed solutions, e-fulfilment and consulting services.
“Christmas 2001 was one of our busiest ever, with a number of our customers far exceeding their sales targets. For us, this meant managing larger than planned volumes of stock at all points in the supply chain – something that we accomplished extremely successfully.”
Gwynn concluded: “With such a strong first quarter, we have definitely started the year as we mean to go on.”
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Notes to editors
Gist combines leading edge experience and expertise to transform supply chains through intelligent application of innovative leading edge technology, unique solutions tailored to customers’ strategies, managing change and embracing and enhancing the supply chain proposition. With industry specific experience, expertise and excellence, Gist’s solutions bring end-to-end visibility and implementation, from concept to delivery.
Gist, based in the United Kingdom, has its head office at Basingstoke in Hampshire. However, Gist’s 4,500 employees operate out of 28 locations, providing a full range of intellectual and asset-based business offering in the UK, continental Europe, Asia, Australasia and North America.
Gist’s customers (including Ocado, Marks & Spencer, British Airways, Carlsberg UK and Budgens) operate in a wide range of commercial and industrial sectors, including grocery, electronics, apparel and gas.
As part of the BOC Group, which serves two million customers in more than 50 countries, Gist also benefits from BOC’s global capability, synergy and scale.
To find out more about Gist, for photography or to arrange an interview with the Gist team please contact the Gist press office:
Michele Mervin
Tel: 01256 891111,
Fax: 01256 891122,
Email: Michele.mervin@gistworld.com
