8th Jun 2021 14:29
Xpediator PLC - freight management services in UK and eastern Europe - Says demand in first five months of 2021 strong, with some units which struggled as a result of pandemic now trading "positively". "As with many logistics businesses, trading at Xpediator is seasonal with the majority of profit made in the second half of the year," company adds. Says "well placed to exceed market forecasts" for 2021. Xpediator says rebrand programme progressing, with UK unit now largely trading under "Delamode" marquee. Completes purpose-built 200,000 square foot site in Southampton port. On new site, company explains: "The new space will not only increase capacity but it is expected to be more efficient and margin enhancing."
Current stock price: 63.66 pence
Year-to-date change: up 93%
By Eric Cunha; [email protected]
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