Metalrax: Morrisons Supermarket Will Not Be Renewing Supply Agreement
July 31 2012 - 3:32AM
Dow Jones News
LONDON--Metalrax Group PLC (MRX.LN), a supplier of engineering
and consumer durable products, Tuesday announced that it has been
informed that the Morrisons supermarket group will not be renewing
its supply agreement with the group's consumer durables
division.
MAIN FACTS:
-Agreement relates to the ongoing supply by George Wilkinson of
bakeware to Morrisons, although George Wilkinson will continue to
supply certain seasonal bakeware to Morrisons.
-Morrisons supply agreement represents 3% of annual group
revenue.
-Shares of Metalrax at 0700 GMT unchanged at 7 pence.
-Write to Tapan Panchal at tapan.panchal@dowjones.com
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