Clipper Logistics’ latest annual pre-tax profits took a hit after it agreed – following lengthy debates with its auditors – that a series of contracts signed at the end of the financial year should be included in the following year’s accounts. Tough trading conditions in the commercial vehicle market “exacerbated” by IVECO’s trading strategy also hit Clipper Logistics’ commercial vehicle division, resulting in a 20% revenue drop. Reporting its latest annual results to April 30 2019, the group said the […]
Clipper Logistics ploughs through Brexit and UK high street turbulence to deliver “impressive” half year results
Clipper Logistics has defied UK high street turmoil and Brexit uncertainty to deliver “impressive” revenue growth in the first six months of the financial year, boosted by “strong growth” in e-fulfilment and returns management, according to its interim results.
Clipper Logistics Group has revealed plans to float on the London Stock Exchange (LSE) this year in a bid to raise funds to support it’s growth strategy.
Nightline is to invest €5m into the roll-out of its self-service parcel terminals across the UK, creating 50 jobs in the process. The Irish carrier says the funding will be used to set up the infrastructure for 400 Parcel Motel locker boxes that will all be operation by the end of 2014. To date, 20 units have been installed around Dublin, with a target of 100 by the end of the year. CEO John Tuohy says the Parcel Motel concept […]