31 August 2010 – contract win
Rok has signed a contract with Inter Partner Assistance, a wholly owned subsidiary of Axa Assistance, to provide home emergency services to its UK customers. The expected contract value is £40m over three years. This provides some reassurance that Rok is continuing to make progress despite the difficulties being faced by the company. Although risk remains, there is considerable scope for upside and on that basis the shares are a BUY.