Eddie Stobart Logistics (ESL) has applied for its shares to be suspended from AIM trading after it failed to publish its half-year results in time. The company has also announced that CEO Alex Laffey is to step down with immediate effect. It is understood that Sebastien Desreumaux, currently CEO of iForce and head of Contract Logistics at Eddie Stobart, has been promoted to group CEO and will join the logistics firm’s board “in due course”. In July, ESL cut its […]
Eddie Stobart has reported strong contract retention and growth ahead of its year-end trading update, expected in January 2018.
Eddie Stobart Logistics has confirmed it will list on the Alternative Investment Market (AIM) next week on 25 April at 8am, a move that will see former owner Stobart Group slash its holding in the haulier and pocket £113.1m.
DBAY Advisors has been granted a fifth extension to its deadline to make a bid for Eddie Stobart Logistics (ESL).