Welter of e-fulfilment deals helps Clipper Logistics deliver record revenues


 

Clipper Logistics delivered record revenues of more than £500m last year, boosted by a strong e-fulfilment performance and some “value-enhancing” acquisitions. Unveiling its final results to the year ended 30 April 2020, the group said revenue had increased by 8.8% to £500.7m (2019: £460.2m), whilst pre-tax profit leapt almost 19% to £20.1m (2019: £16.9m). Group earnings before interest and tax (EBIT) – described by the company as its key performance indicator – rose 19% to £24.1m (2019: £20.2m). The group […]