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IZO-BLOK expands cooperation with Jaguar Land Rover

IZO-BLOCK is strengthening cooperation with Jaguar Land Rover.The Company has received another order for the supply of EPP car parts from the British contractor. This time the contract value exceeded EUR 3.6 million (roughly PLN 16 million).

The total value of the contract with Coventry (UK) exceeded 10% of the sales revenue for the last four financial quarters. The estimated date for the start of the contract was July 2017. Jaguar Land Rover has been cooperating with IZO-BLOK since 2010. Apart from British Jaguar, IZO-BLOCK delivers its goods to such customers as Audi, Volkswagen, Ford, Skoda and Seat, as well as the largest automotive component suppliers: Johnson Controls, Faurecia, Lear and HP Group

The commitment to quality of service and business relationships has a tangible results.. We are not going to go off-road , says Przemysław Skrzydlak, CEO of IZO-BLOCK S.A.

Since the beginning of this year, despite the unfavorable stock market conditions, the company’s industrial listing has increased by nearly 145%.In April this year the Company has moved from the NewConnect market to the Stock Exchange. The company’s main customers are companies related to the car industry (accounting for 90% of annual revenues), logistics and protective packaging. The Company supplies its products to the following companies: Audi, Volkswagen, Ford, Skoda, Seat or Jaguar Land Rover. Moreover it cooperates with sub-suppliers like Johnson Controls, Farecia, Lear and HP Group.

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