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 […]
Clipper Logistics has enjoyed a successful first year listed on the London Stock Exchange, experiencing a leap in turnover and profit.
“We’ve had to right-size the business” – Simon Hobbs on a challenging first 10 months as Kinaxia chief executive
When Simon Hobbs says his induction as new Kinaxia boss wasn’t what he expected it sounds like the understatement of the year. Within weeks of taking the reins back in late January, the Covid crisis saw volumes across the group slump by 35% and cash quickly begin to drain.
One of the largest warehouses within the M25, offering the potential to reach 21 million consumers within two hours, has been granted planning permission.