Whistl sees losses slashed in 2021 boosted by Covid-19 e-commerce boom


 

Parcel delivery and e-fulfilment company Whistl cut its pre-tax losses by almost two thirds in 2021, according to its latest figures. Annual results to 31 December 2021 reveal a fall in pre-tax losses to £3.2m, from a 2020 loss of £8.6m. Turnover rose 26% in the year to £823.2m, up from £654.3m in 2020. Whilst the group made an operating profit of £49.5m in 2021, this was reduced by administrative expenses, which rose by £7.1m to £47.8m (2020: £40.7m). The […]