Eddie Stobart Logistics surges after spending spree pays dividends


 

Eddie Stobart Logistics (ESL) achieved a major milestone in 2018 as it spent big on transforming itself into an end-to-end transport supplier with turnover, profit and debt surging as a consequence. The company went on a buying spree following its listing on the Alternative Investment Market in 2017. It said its acquisitions: iForce, The Pallet Network (TPN), The Logistic People and Speedy Freight, had all performed strongly. This, with contract wins worth £162m on an annualised basis and growth via […]