AU$20M Contract Win and Notice of Results
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Woolworths Group selects Microlise platform for application roll-out to entire online delivery fleet across Australia
Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, is pleased to announce it has signed an initial 5-year contract for a total value of AU$20M (approximately £10.6 million at AUD:GBP of 1.9352 as at 27 March 2024), with WooliesX, part of the Woolworths Group, Australia's largest supermarket chain.
WooliesX has selected Microlise to deploy applications across its entire online delivery fleet operation throughout Australia, which provide home delivery to 240,000 customer homes every week, and travel over 70,000,000 km's annually. The landmark contract was agreed with a view to delivering improved asset and driver visibility, monitor asset health, understand the impact on the environment, promote behavioural improvements in drivers, enhance safety & compliance and reduce fuel costs.
WooliesX roll out of Microlise's solutions has already begun, with the remainder taking place across the rest of 2024. These solutions include Fleet Performance, Journey Management, Health & Safety Module, Cold Chain Temperature Monitoring and Full 5 Way clear vision Risk Reduction Cameras with AI Driver Distraction Camera's. The contract also includes Third-Party Integration with Woolies Proprietary Delivery Management Application (Woolies GO), which will interlink the two systems to share Woolies GO data via API directly into the Microlise Journey Management system, providing transparency across their operations and drivers performance.
Henri Le Comte, Head of Vendor Success & Commercial, WooliesX said: "As we drive development of our connected customer experience forward, we look to partner with suppliers that will enable us to continuously develop an integrated solution across our operations. This is why we have chosen to partner with Microlise across several different solutions within our transport operations, including our own journey of implementing EV's into our fleet as part of our sustainability strategy."
Nadeem Raza, CEO, Microlise, said: "We are excited to be engaged with WooliesX, Australia's largest supermarket chain and we look forward to updating the market with our progress on this important project and the Group's expansion across Australia. This is a great example of how our technology is being used as part of major retailers' digitalisation journey to the benefit of all stakeholders."
Notice of Results
The Group expects to announce its audited results for the year ended 31 December 2023 on 9 April 2024.
Analyst Presentation
There will be a Zoom webinar for equity analysts at 09:30 BST on the day of results, hosted by Nadeem Raza, CEO, and Nick Wightman, CFO. Any analysts wishing to register for the event should email microlise@secnewgate.co.uk .
Investor Presentation
Additionally, the above presentation team will provide a live presentation for investors via the Investor Meet Company platform at 11:00 BST on the day of results.
Investors can sign up to Investor Meet Company for free and add to meet Microlise Group plc via:
https://www.investormeetcompany.com/microlise-group-plc/register-investor . Investors who already follow Microlise Group plc on the Investor Meet Company platform will automatically be invited.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.