Eddie Stobart has reported strong contract retention and growth ahead of its year-end trading update, expected in January 2018. In its Retail division, the company has won a new three-year contract with Homebase, starting in January 2018 to supply logistics services to 230 stores. It is looking to expand this by exploring opportunities with Homebase’s suppliers. In addition, the business said it now provides services to most of the UK’s major supermarket chains. Consumer sector performance has seen re-secured work […]
Eddie Stobart Logistics returns to the stock market next month with a listing on the Alternative Investment Market (AIM) that will value the operator at more than half a billion pounds.
Alex Laffey was 25 years with Tesco before becoming CEO of Eddie Stobart Logistics (ESL) in May 2015 in preparation for floating the business of the Alternative Investment Market (AIM) of the London Stock Exchange in April 2017.
Disruption in retailer Habitat’s home deliveries has put delivery firm Panther Warehousing in the firing line of its customers.