Clipper Logistics makes almost £200m in first half of financial year


 

Clipper Logistics almost broke the £200m turnover barrier in its most recent results, covering the six months ended 31 October. The retail logistics specialist grew turnover by 21% year-on-year to £199.7m (2016: £164.9m). Clipper’s pre-tax profit also grew in the six months, rising 15.6% to £7.9m (2016: £6.9m). The operator said some of the extra turnover had come from the acquisitions of Tesam Distribution and RepairTech, which completed during the period and were “immediately earnings enhancing”. Clipper also launched new […]