Clipper Logistics flying high as contract wins and and acquisitions provide boost

Clipper Logistics

New contracts and successful acquisitions made for a strong 2017/18 at Clipper Logistics, which saw both its turnover and profit soar. The e-retail specialist saw turnover increase by 17.6% in the year ended 30 April 2018 to £400.1m (2017: £340.1m). Pre-tax profit for the year was up by 11.8% at £18m (2017: £16m). Organic growth from existing customers including Asda, Morrisons and Wilko boosted Clipper’s cash flow during the year, as did new contracts with Edinburgh Woollen Mill, River Island […]