Eddie Stobart upbeat on first half-year results under new ownership


 

GreenWhitestar Acquisitions (GWSA), the holding company for Eddie Stobart Limited (ESL), has given a positive trading update for the first half of the 2020 financial year. In the first six months of the new ownership structure led by executive chairman William Stobart and chief financial officer Brian Corrway, GWSA reported revenues of circa £407m and underlying EBIT from the unaudited management accounts is expected to be at least £8m. Net debt at period end 31 May 2020 was circa £236m […]