Eddie Stobart Logistics puts “past challenges behind it” as it returns to profitability


 

Eddie Stobart Logistics has returned to profitability and put its “past challenges” behind it, the company announced this week. In a trading update, GreenWhiteStar Acquisitions (GWSA), which includes Eddie Stobart Logistics, iForce, The Pallet Network and The Logistics People businesses, unveiled its half year results to 31 May 2020. The half year results show turnover down by 1.1% year-on-year from £421.1m to £416.5m with underlying EBITDA for the period at £16.6m, compared to a loss of £6.3m in the same […]