Gist builds on strong first quarter
The BOC Group has today announced its second quarter financial results revealing a solid performance from the Group’s supply chain arm, Gist.
Gist Managing Director Martin Gwynn commented: “Our performance this quarter has seen us build on our great start to the year by showing continued growth of 17 per cent.
“To reflect this, and to enhance our status as one of the country’s leading supply chain specialists, we have recently relocated our head office to a new, much larger, site at Chineham, Basingstoke. This will accommodate our expanding workforce and rapidly developing business.
“This quarter saw us sign a new, multi-million pound contract with the John Lewis Partnership. Although we already had an established relationship with JLP, this is the first time that the company has outsourced supply chain operations – something we see as a huge vote of confidence in our abilities.
“We have also seen considerable growth in our other offerings. For example, our consulting services team, working alongside our strategic consulting partner Accenture, recently undertook an investigative analysis of Woolworths Australia’s supply chain. This project is a perfect example of Gist’s distinctive approach – we focus on solving the underlying business problem rather than treating the symptom.”
Gwynn concluded: “Having sustained our growth rate through the first half of this financial year and seen profit rise as a result by 21 per cent, we feel very confident as we move into quarter three.”
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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:
For more press information, contact:
Michele Mervin
Tel: 01256 891111
Fax: 01256 891122
Email: michele.mervin@gistworld.com
