Ebos Limited EBO

[percy]

Agreement between EBO subsidiary Onelink,and Crown owned Health Benefits Ltd signed.[at last!!]

[noodles]

Agreement between EBO subsidiary Onelink,and Crown owned Health Benefits Ltd signed.[at last!!]

How can this not be a price sensitive announcement?
Also, I would have liked them to provide the financial impact.

[percy]

How can this not be a price sensitive announcement?
Also, I would have liked them to provide the financial impact.

Well it has been expected for months.
Announcement was "very thin" on details.No mention of financials.
However it is very positive for EBO.Puts them in the right place?

[macduffy]

Yes, percy, it was expected that EBO would win the contract but they'd have been on a hiding to nothing if they hadn't, considering the purchasing clout of Health Benefits Ltd. I would expect that pencils would have been sharpened to get the contract and that profit margins will have narrowed.

[percy]

Yes very sharp pencils.Slim margins on huge volume?
At last year's agm EBO showed a video of Symbion's Sydney $30mil order collating system.A conveyor moves along.As it moves along pills,etc are dispensed down shoots to add to each order.Fantastic.I think EBO's Auckland distribution centre is very clever too.
Mark Waller has often stated EBO is more a "logistic" company.

[winner69]

How much of this is new business or is it just an extension of what they do now.

Excuse my ignorance .... I only understand the pet side and that is bubbling along very nicely I hear

[percy]

I can not remember how many DHBs EBO were supplying [maybe 6 or 8] ,so the new agreement is significant, as it is for ALL 20 DHBs.

[winner69]

I can not remember how many DHBs EBO were supplying [maybe 6 or 8] ,so the new agreement is significant, as it is for ALL 20 DHBs.

Thanks Percy

So a lot more business for EBO

Good they going to do things even more efficient so save the taxpayers a few bob

[percy]

Thanks Percy

So a lot more business for EBO

Good they going to do things even more efficient so save the taxpayers a few bob

Trying to work with Govt. to save a lot of money.[Here and Australia]
Working to make the health spend go further.
Best practice,stop waste,duplication of supply,overstocks,understocks,buying power.Modern distribution channels,linked with modern ordering system means the right product is being delivered very quickly.Not sure about hospitals,but I think chemist shops enjoy two deliveries a day.{for some reason I think EBO have to be able to supply a hospital in an hour].

[macduffy]

Masterpet subsidiary to lease a new Wellington distribution centre.

http://www.stuff.co.nz/business/indu...day:dailybrief