Straight to the bank after 25m contract
Environmental products group, Straight, has won a place on a framework contract with procurement specialist YPO, worth 25m pounds.
Environmental products group, Straight, has won a place on a framework contract with procurement specialist YPO, worth 25m pounds.
It means Straight's products, like home compost kits and recycling containers, can be bought in bulk by YPO and sold at lower prices to local councils.
Jonathan Straight, Chief Executive of Straight (the clue's in the name) said: "we believe that this is testament to the quality of the products and service that we provide to our customers."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Staright shares had jumped 14.9% by 09:42. Since the start of 2012 the stock has increased 78.5% in value.
BS
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published