Clipper turnover soared ahead of stock market listing


 

Clipper Logistics Group saw turnover in all of its divisions soar in the year before its IPO as a result of e-commerce business win, as well as organic growth from existing contracts. Its results for the year to 30 April 2014 revealed that turnover in its e-fulfilment logistics division grew by 55% to £46m (2013: £29.6m), while turnover derived from other logistics business grew nearly 30% to £89.6m (2013: £69.3m). Adjusted EBIT (earnings before interest and tax), grew by almost […]