25th Jun 2021 11:19
Xpediator PLC - Braintree, England-based freight management services provider - Raises its guidance for 2021 following positive trading trends for the first six months of the year. Demand across all divisions has been strong, Xpediator says, with sections of its Transport and Logistics & Warehousing divisions that were impacted by the pandemic now all trading positively.
"Results received to date for June 2021 have continued the strong trading trends since early 2021," the company comments.
Full year adjusted profit before tax of more than GBP8.5 million is expected, more than double the GBP3.9 million generated in 2020.
Chief Executive Robert Ross comments: "We have had a good first half which has positioned us well for a strong outcome for the full year."
Current stock price: 76.02 pence, up 5.6%
Year-to-date change: up sharply from 33.00p on December 31
By Will Paige; [email protected]
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