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 has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN).
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.