STOCKS NEWS EUROPE-Stobart up on Unilever contract win

Shares in Stobart Group (STOB.L) rise as much as 4.8 percent after the freight company wins a distribution contract with Unilever UK (ULVR.L).

The three-year 60 million pound revenue contract covers transport for the majority of Unilever's manufacturing and distribution activities in the UK.

"Although the financial impact may be relatively modest, winning another blue chip customer contract does emphasise the attractiveness of the Eddie Stobart model and the strength of this core business," says Arbuthnot analyst Gerald Khoo.

The stock is up 0.9 percent.

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Reuters messaging rm://rhysl.jones.reuters.com@reuters.net