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Clipper Logistics Trading In Line And On Track For Full Year

4th Nov 2015 09:24

LONDON (Alliance News) - Retail sector logistics provider Clipper Logistics PLC on Wednesday said trading has been in line with its expectations, and it remains on track to meet its full-year targets.

Clipper said its revenue, operating profit and net earnings for the first half to the end of October were in line with its expectations.

It remains confident organic growth in its sectors, particularly e-fulfilment and returns management services, along with new contract wins, leaves it well set for future growth.

The company will publish interim results on December 3.

Clipper shares were down 2.1% to 266.85 pence on Wednesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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