Clipper posts 20% rise in turnover in first half-year results since pandemic


 

Clipper said it had “successfully chartered” the stormy waters of the pandemic to deliver a 20% increase in revenue, which was wholly attributable to growth in its e-fulfilment and returns management divisions. The results for the six months ending 31 October 2020 revealed a £305.2m turnover, along with a 20.1% boost in pre-tax profits to £14.3m. Clipper Logistics said it continued to see strong trading across the business and that it was benefiting particularly from the structural shift to e-commerce […]