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Xpediator sees 'significant' profit rise as revenue jumps 54%

By BFN News | 09:35 AM | Monday 18 February, 2019


Freight management services provider Xpediator said it would record a significant increase in annual profit after it boosted sales. Revenue for the year through December rose 54% to around £179m, the company said in a trading update. Xpediator said its sales were generated by over 14,000 customers, with no one customer accounting for more than 2% of group revenue. 'The business is performing well, growing both organically and through acquisition,' chief executive Stephen Blyth said. 'We are continuing to invest across the group to ensure we have the platforms and resources capable of delivering future growth and ensuring we remain well placed to maximise the opportunities that are increasingly available.' At 9:35am: (LON:XPD) Xpediator Plc share price was +3p at 49p Story provided by StockMarketWire.com

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