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ClipperLogisPLC Ord 0.05P (CLG)

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12-May-2022 10:09 AM

IN BRIEF: GXO gets clearance from Polish watchdog for Clipper takeover

GXO Logistics Inc - Connecticut, US-based warehousing and distribution firm - Says the president of the Polish Office of Competition & Consumer Protection decided to approve the acquisition of Clipper Logistics PLC on terms ‘reasonably satisf
28-Feb-2022 09:19 PM

IN BRIEF: Clipper Logistics agrees £965 million GXO Logistics offer

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Agrees to takeover by Connecticut, US-based warehousing and distribution firm GXO Logistics Inc for £965 million in cash and shares. The new offer values each C
21-Feb-2022 11:18 AM

Clipper Logistics agrees to GBP940 million takeover by US peer GXO

(Alliance News) - Clipper Logistics on Monday said it has agreed to be acquired by Connecticut, US-based warehousing and distribution company GXO Logistics Inc for GBP941 million in cash and shares. The offer values Clipper shares at 92
25-Feb-2021 10:07 AM

Clipper Logistics lifts guidance on boost from two contracts wins

Clipper Logistics updated its full-year guidance after winning two new contracts from high street fashion retailer River Island and outdoor retailer Mountain Warehouse. 'Together, these two new contracts will increase revenue by over £40 mil
06-Jan-2021 08:46 AM

Clipper Logistics hails jump in revenue on 'unprecedented levels' of demand over holiday period

Logistics company Clipper Logistics said revenue in its logistics business for the months of November and December were 50% higher than the prior-year period following 'unprecedented levels' of activity over the Black Friday and Christmas period
03-Dec-2020 12:05 PM

Brexit, US stimulus in focus as FTSE is flat at lunchtime

The FTSE 100 was flat by midday at 6,469.58 after an up and down morning which mirrored volatility in sterling amid competing assessments over the chances of a Brexit deal. The relative strength or weakness of the pound against other major currencies imp
03-Dec-2020 08:34 AM

Clipper Logistics lifts earnings guidance, interim dividend as profit jumps 38% in H1

Logistics company Clipper Logistics raised its earnings guidance and interim dividend payment as profit grew by more than a third in the first of the year as a pandemic-led pickup in e-commerce boosted demand for logistics. Full-year earnings were now
24-Aug-2020 09:00 AM

Clipper Logistics lifts outlook on 'very positive' start to year

Logistics solutions company Clipper Logistics upgraded its expectations following a 'very positive' start to its new fiscal year. The company said it anticipated that the group's results for the year ending 30 April 2021 would 'comfor
02-Jun-2020 10:05 AM

Clipper Logistics annual performance meets expectations; sees boost from rising online sales

Logistics solutions provider Clipper Logistics said annual performance was broadly in line with expectations as earnings rose 19% despite the impact from the coronavirus pandemic. The company also said it expected to beat expectations for the current f
30-Aug-2019 09:49 AM

Clipper Logistics profits slide on lower property-related income, higher costs

Logistics company Clipper Logistics Solutions reported a fall in profit as rising costs and lower property-related income kept a lid on growth. For the year ended 30 April 2019, group earnings (EBIT) fell to £20.2m from £20.9m, while revenu
27-Aug-2019 08:33 AM

Clipper Logistics delivers mixed outlook as earnings to fall 'moderately' short, but revenue to top

Clipper Logistics said earnings would fall 'moderately' short of market expectations even as revenue for the full year was anticipated to be 'slightly' ahead of current market expectations. The company said it expected to report earn
15-Feb-2019 02:00 PM

Broker Forecast - Berenberg issues a broker note on Clipper Logistics

Berenberg today initiates coverage of Clipper Logistics (LON:CLG) with a buy investment rating and price target of 320p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
31-Jul-2018 10:10 AM

Broker Forecast - Numis issues a broker note on Clipper Logistics

Numis today upgrades its investment rating on Clipper Logistics (LON:CLG) to buy (from add) and cut its price target to 500p (from 520p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Feb-2018 02:40 PM

Broker Forecast - Numis issues a broker note on Clipper Logistics

Numis today downgrades its investment rating on Clipper Logistics (LON:CLG) to add (from buy) and raised its price target to 520p (from 495p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-Dec-2017 07:08 AM

Clipper sees strong growth in all sectors

Clipper Logistics posts group pre-tax profits of £7.9m for the six months to the end of October - 15.6% up on a year ago. The group - a leading provider of value-added logistics solutions and e-fulfilment to the retail sector - saw revenues rise by
05-Dec-2017 09:18 AM

Clipper's Superdry contract extended for five years

Clipper Logistics has secured a five-year extension to its contract with Supergroup ('Superdry). Superdry has been a customer of Clipper for five years, and the new agreement will see Clipper continue to provide warehousing, store delivery, e-fulfi
16-Nov-2017 09:35 AM

Clipper Logistics in line with expectations

Clipper Logistics said trading for the first half of the year to the end of October was in line with the board's expectations, with growth in revenue, EBIT and net earnings. It said the acquisitions of Tesam Distribution and Repairtech during the
26-Sep-2017 08:46 AM

Clipper Logistics resolutions passed at AGM

Clipper Logistics has confirmed that all resolutions put to shareholders at the annual general meeting yesterday were passed. At 8:46am: (LON:CLG) Clipper Logistics share price was +2.38p at 400.25p Story provided by StockMarketWire.com...
16-Aug-2017 01:04 PM

Clipper schedules AGM

Clipper Logistics has confirmed that the Company intends to hold its Annual General Meeting on 25 September. At 1:04pm: (LON:CLG) Clipper Logistics share price was -0.87p at 423.88p Story provided by StockMarketWire.com...
04-Aug-2017 07:30 AM

Clipper clinches five-year deal with EWM

Clipper Logistics has signed a new five-year contract with The Edinburgh Woollen Mill Group of companies to provide logistics services to the EWM Group on a predominantly exclusive basis throughout Great Britain. Executive chairman Steve Parkin said: &q
28-Jul-2017 07:48 AM

Clipper hikes divi as profits and revenues rise

Clipper Logistics' group revenue increased by 17.2% to £340.1m in the year to the end of April. Group EBIT rose by 21.8% to £17.9m and after-tax profits increased by 20.6% to £12.5m. Earnings per share increased by 20.5% to 12.5p
16-Jun-2017 07:26 AM

Clipper Logistics acquires RepairTech

Clipper Logistics, a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, has taken over RepairTech, a specialist provider of consumer electronic repair services based in Southam, Warwickshire. The group said it ant
02-Feb-2017 07:43 AM

Clipper signs four-year deal with BAT

Clipper Logistics has won a new four-year contract with British American Tobacco UK. Under the new agreement, which also includes e-commerce support for Vype, BAT's leading vapour business, Clipper will be providing a full UK logistics operation inc
02-Dec-2016 12:30 PM

Broker Forecast - N+1 Singer issues a broker note on Clipper Logistics

N+1 Singer today reaffirms its buy investment rating on Clipper Logistics (LON:CLG) and raised its price target to 400p (from 370p). Story provided by StockMarketWire.com...
01-Dec-2016 03:00 PM

Broker Forecast - Numis issues a broker note on Clipper Logistics

Numis today reaffirms its hold investment rating on Clipper Logistics (LON:CLG) and raised its price target to 360p (from 290p). Story provided by StockMarketWire.com...

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