9th Nov 2016 08:39
LONDON (Alliance News) - Clipper Logistics PLC on Wednesday said trading in the first half of its financial year has been in line with its expectations.
Clipper, a retail logistics services firm, said revenue, operating profit and net earnings for the half to the end of October all met the company's expectations.
Clipper said it remains confident of delivering organic growth in its markets, particularly e-fulfilment and returns management. The company recently signed a deal to create a click-and-collect joint venture with UK retail group John Lewis.
The firm will publish its interim results on December 1.
Clipper shares were down 2.7% to 330.00 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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