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The NewBusiness Structure
9
The New Business Structure
This division includes all of the forms of transport,
storage and handling services provided by the Group,
encompassing all of the multimodal services provided
through road, rail and ports.
With over 2,250 vehicles and six million square feet
of warehousing, Stobart Transport and Distribution
meets ambient and chilled distribution and
warehousing requirements across ten business units
operating from 40 sites in the UK and Europe. Using a
‘shared-user’ network, the road distribution operation
achieves industry-leading fleet utilisation levels of
approximately 83%.
The multimodal offering presented by this division is a
core strength of the Group and the division’s
technology will enable it to remain highly competitive.
Transport and Distribution
Stobart Group owns five operational, transport and
warehousing sites, development land at Widnes,
a waterway port at Runcorn, two airports and
investment properties.
Stobart Estates is responsible for the management,
development and realisation of all Group land and
building assets. Performance of this division will be
monitored by regular third party valuations on the
same independent basis that any stand-alone
property/asset company would be valued.
Estates
Incorporating Stobart Rail Infrastructure and Civil
Engineering, this division delivers internal and
external infrastructure and development projects
across the Group.
The Rail business is one of the UK’s leading names in rail
network maintenance, repair and improvement,
delivering earthworks, structures, bridge replacement,
permanent way, emergency works, drainage and
lineside infrastructure works.
The Civil Engineering operation is responsible for the
development and improvement of the Group’s property
holdings.
A fully comprehensive operation, Stobart Infrastructure
and Engineering delivers completed projects from the
design and planning stage through to handover,
covering a broad range of industrial, warehousing,
freight, distribution and rail infrastructure requirements.
Infrastructure
and Civil Engineering
Stobart Air is operator of two complementary airport
facilities located at London Southend and Carlisle. The
sites, which are already home to a number of
successful commercial tenants, also represent attractive
locations for subsidiary businesses and the
development of both passenger and air freight services.
The Group intends to grow Stobart Air significantly
including the ongoing development at LSA in time for
the 2012 Olympics.
The Directors believe that LSA will be able to develop
new routes and attract new operators over the next
few years, with the aim of servicing over 2 million
passengers annually.
The Group will also pursue air freight, maintenance
and airport service opportunities at LSA, including
airport retail, private facilities, lounges and fees
generated from the rail terminal, which will provide
up to eight services an hour direct to London
Liverpool Street.
Air
The launch of Stobart Biomass Products represents a
pivotal move into a rapidly developing new business
sector for the Group.
Stobart Biomass sources sustainable biomass, primarily
life-expired timber and low-grade softwood for the
generation of minimum-carbon power plants utilised
both in large-scale electricity generation and smaller,
on-site industrial power plants.
A significant percentage of the cost of biomass fuel
relates to transport and logistics. When coupled with
the fact that importation of biomass is already on the
increase, the Group believes that there are significant
benefits and synergies between Stobart Biomass and
the Group’s road, rail and port assets.
Biomass