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Goodwin Plc enters into a supply agreement

1 min read | June 22, 2020 07:40 PM BST | By Team Kalkine Media
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Goodwin Plc (LON:GDWN) has informed about a supply agreement.

  • The company has entered into a long-term arrangement to manufacture and machine storage boxes. They will help in clean-up of the in nuclear waste.
  • The production plan for the same has been planned to ramp up over the next one-year period and is expected to remain for several years.
  • The company has stated that the business successes over the past two years, along with this agreement, will further expand the Group's revenue streams.
  • It is also expected to lower the Groups activity in the oil and gas sector going forward to less than 20 per cent, which historically has accounted for more than 40 per cent.
  • On 22nd June 2020, at the time of writing, GMT 09:52 AM, GDWN shares were trading at GBX 3,380.00, up by 630.00 or 22.91% against the previous day closing price.

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