http://www.clippergroup.co.uk/

Clipper Logistics plc is a provider of logistics solutions to the retail sector in the United Kingdom. The Company has two operations: Logistics and Commercial Vehicles. Logistics has operations in the United Kingdom and Germany and its customers include blue chip customers, small and medium sized enterprise (SMEs), start-ups and brands, with the service offering split between E-fulfilment Logistics and Non E-fulfilment Logistics. The Company's Commercial Vehicles division, trading as Northern Commercials, provides a range of services, including sales of new and used vehicles and after sale services, which comprises body shop, servicing and parts sales. The Commercial Vehicles holds dealership rights in its geographical areas of operation for sales of Iveco and Fiat commercial vehicles.


We began life as Clipper Logistics Limited in 1992, with a team of just three people and a single driver. Today, we’re one of the UK’s leading independent logistics companies with a turnover of £200 million.

From day one we did things differently by questioning the old order and providing our customers with unique logistics solutions perfectly suited to modern business. Our willingness to challenge the status quo and quickly embrace change, made us first choice for a number of retailers and gave us invaluable expertise in fashion and high-value logistics.

As we’ve grown we’ve always remained true to our principles of reliability and flexibility, and through a series of handpicked strategic acquisitions and organic growth, we’ve created a new breed of logistics and transport company.

Key Clipper stats:
•We’re one of the UK’s leading independent logistics companies with a turnover of £200m
•We have over 2,500 highly-skilled, long-serving employees
•We have a network of 36 sites
•We have 5 million sq ft of warehousing space
•We operate a fleet of over 270 vehicles

Major Long Term Contract Renewal with New Look
RNS
RNS Number : 4286D
Clipper Logistics plc
29 January 2015



29 January 2015





Major Long Term Contract Renewal with New Look



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has secured a significant extension to its contract with New Look.



New Look has been a customer of Clipper for 13 years, and the new agreement will see Clipper continue to provide store delivery and collection services, as well as a wide range of other services, through to July 2019.



In addition to being a market leader in the provision of e-fulfilment and associated services including returns management, Clipper is a leading provider of innovative warehousing and transport solutions to the retail sector.



Under the new agreement, Clipper will continue to deliver all retail products to stores, including boxed and hanging garments, to New Look's 542 retail outlets. Deliveries will be made on a set weekly frequency per store, and Clipper will make almost 100,000 store deliveries each year. The Group uses a combination of day and night time deliveries to provide optimum service at minimum cost.



In addition to store delivery, Clipper will also handle all "click and collect" items to be delivered to store, an increasingly attractive service chosen by online shoppers.



Dan Monahan, Group Logistics Director of New Look, said: "For over 12 years Clipper has worked closely with the team at New Look to provide a class-leading service to our retail estate, identifying opportunities for cost minimisation whilst not compromising service levels. We look forward to working with the team at Clipper to continue to evolve the provision of services to our store network".



Steve Parkin, Executive Chairman of Clipper said:



"New Look has been a key client of ours for 13 years, and we are delighted that our relationship will continue into the future. It is our ability to think outside the box that makes Clipper the "go-to" provider of retail high street delivery solutions, including traditional store deliveries as well as click and collect and other value-added services".

Q3 Update
RNS
RNS Number : 5369F
Clipper Logistics plc
23 February 2015





23 February 2015



Clipper Logistics PLC



Further progress achieved in Q3 and full year outlook confirmed



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to publish a trading update for the nine months to 31 January 2015.



Group



Clipper continues to perform in line with market expectations for the full year to 30 April 2015, in terms of both earnings and cashflow. A strong pipeline of new business within the Logistics sector is expected to provide continued upward momentum into 2016.



Logistics



Clipper's strategic positioning in the online fulfilment sector, including the management of returns through its Boomerang brand, has enabled the Group to benefit from the continuing trend towards online retailing.



The Group has seen growth in activity levels from virtually all customers for whom it provides e-fulfilment services, particularly over the pre-Christmas trading period including the Black Friday weekend, on which it achieved 100% of customer service proposition.



Boomerang, the Group's returns management proposition, continues to gain traction. We are particularly pleased with the new contract win with German retailer s.Oliver for the management of its European returns. This represents our first Boomerang contract in Europe; this is being implemented during 2015 and will be additive to earnings in 2016. In addition, we are discussing the provision of Boomerang services to a number of other retailers.



Clipper has renewed and extended contracts with a number of clients including New Look, with whom it has agreed a contract extension through to July 2019.



Commercial Vehicles



The commercial vehicles business has made steady progress in earnings growth, with profitability underpinned by higher margin servicing and parts activity.



Servicecare



The Group announced the acquisition of Servicecare Support Services Limited on 4 December 2014.



Servicecare is a specialist provider of returns logistics services to consumer electronics manufacturers and retailers. The acquisition is highly complementary to the Group's Boomerang proposition and its integration into Clipper has been seamless.



Servicecare has performed well in the period post-acquisition, and the Group is confident that its contribution to full-year earnings will be in line with plan.



Financial Position



The Group is in a strong financial position, with significant increases in earnings from both e-fulfilment and non e-fulfilment activities in the logistics sector, strong initial earnings from Servicecare, coupled with steady earnings growth in commercial vehicles.



The Group's working capital profile continues to provide strong cash generation from trading activities.



The outlook for the full year to 30 April 2015 is therefore consistent with market expectations.



Steve Parkin, Executive Chairman of Clipper, said:



"The Group's strategic positioning in the e-fulfilment sector, including the provision of returns management services, coupled with continued growth in non e-fulfilment logistics operations, has placed the Group in a strong position to achieve good year on year growth. The acquisition of Servicecare in December extends our service offering, and has been immediately earnings-enhancing.



Our progress in the current financial year, coupled with a strong new business pipeline, provides a solid basis for growth in future years."

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23 Feb Numis 180.00 Hold

Ten Year Contract Renewal with Harvey Nichols
RNS
RNS Number : 4586H
Clipper Logistics plc
16 March 2015





Ten Year Contract Renewal with Harvey Nichols



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has secured a ten-year extension to its contract with Harvey Nichols.



Harvey Nichols has been a customer of Clipper for ten years, and the new agreement will continue to see Clipper provide warehousing, store delivery, e-fulfilment and returns management services, in addition to other value added services such as hamper fulfilment.



Clipper is a leading provider of innovative warehousing, distribution and associated services, and is in addition a market leader in the provision of e-fulfilment and associated services including returns management, focusing on the retail sector.



Under the new agreement, Clipper will continue to warehouse and deliver to store all products retailed by Harvey Nichols, including designer clothing, accessories, wines and beverages, and all non-chilled products for foodhalls and restaurants. Clipper will also fulfil on-line orders and handle all product returns.



Manju Malhotra, Finance Director of Harvey Nichols, said "For the last ten years Clipper has worked closely with the team at Harvey Nichols to provide a first-class service to our iconic and dynamic business, maximising service delivery at optimum cost. We look forward to continuing to work with Clipper to ensure that our logistics infrastructure supports our ambitious plans, through continual evolution of systems and processes".



Steve Parkin Executive Chairman of Clipper said : "Harvey Nichols has been a key client of ours for ten years, and we are delighted that our long-term relationship will continue. Harvey Nichols is a world-leading brand that we are proud to support, and our innovative approach to development of solutions for dynamic retailers makes us the "go-to" provider of logistics services."

Clipper to Develop New DC to Support John Lewis
RNS
RNS Number : 3377I
Clipper Logistics plc
24 March 2015



24 March 2015



Clipper to Develop New Distribution Centre to Support John Lewis



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has agreed heads of terms with The John Lewis Partnership to provide a range of retail support services from a new distribution centre, under a proposed ten-year agreement.



The new distribution centre will be located in the Milton Keynes area, and will provide in excess of 300,000 square feet of capacity.



Clipper is in the process of selecting the final location for the operation. Initial activity will commence in mid-2016 to support John Lewis' new distribution centre in Magna Park, Milton Keynes.



Further updates will be provided as the project evolves.

Please Note - Streaming News is only available to subscribers to the Active Level and above



Clipper Wins New E-Fulfilment Contract With Zara
RNS
RNS Number : 2522J
Clipper Logistics plc
02 April 2015



2 April 2015



Clipper Wins New E-Fulfilment Contract With Zara



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has signed a new long term contract with Fashion Retail S.A.U., a subsidiary of Inditex, which owns the fashion brand Zara.



Inditex is the largest fashion retail group in the world. It has over 6,460 stores in 88 countries.



The new contract will see Clipper providing e-fulfilment services for the Zara brand from a new distribution centre in Northampton. The site will provide in excess of 340,000 square feet of space.



The Clipper operation will provide fulfilment of online orders for Zara fashion in certain European countries.

Clipper wins new contract with Pep & Co
RNS
RNS Number : 6347K
Clipper Logistics plc
20 April 2015

20 April 2015



Clipper wins new Contract with Pep & Co



Clipper Logistics plc ("Clipper", "the Group" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has signed a new contract with Pepkor UK Retail Limited which owns the fashion brand Pep & Co.

PEP&CO is the first strategic investment made by Pepkor UK, a venture established in 2014 by former Asda CEO Andy Bond and ex-Bain & Company consultant Mark Elliott.

Pepkor UK manages corporate activity in the United Kingdom in support of the wider Pepkor group - a Cape Town-based investment company with retail interests in Africa, Australia and Eastern Europe.

PEP&CO plans to open its first store, in Kettering, Northamptonshire in July and expects to have 50 outlets up and running by the end of August, selling family fashion and homewares on the high street, convenient for mums and kids.

Clipper is a leading provider of innovative warehousing, distribution and associated services, and is in addition a market leader in the provision of e-fulfilment and returns management services, focusing on the retail sector.



Under the new agreement, Clipper will provide warehousing, returns management and other logistics services in respect of Pep & Co fashion, accessories and general merchandise from its distribution centre at Swadlincote.

Mark Jackson, CFO of Pep & Co, said "We're delighted to bring Clipper into our Pep&Co team - they'll play a pivotal role in helping us deliver family fashion at amazing prices in our new high street stores."

Steve Parkin Executive Chairman of Clipper said: "We are delighted to have been selected to support Pepkor in the UK launch of its Pep & Co stores. This follows closely on the heels of several new contract wins for Clipper including a new ten year contract with John Lewis Partnership and the new Zara e-fulfilment contract announced last week. This clearly demonstrates the very significant progress made by the Group since its flotation last year. Our innovative, solutions driven approach to retail logistics makes Clipper class leading and the go to provider of logistics services in the UK."

Clipper Logistics PLC (CLG:LSE) set a new 52-week high during today's trading session when it reached 187.00. Over this period, the share price is up 66.22%.

Clipper Logistics PLC (CLG:LSE) set a new 52-week high during Friday's trading session when it reached 210.25. Over this period, the share price is up 75.56%.

Clipper Announces Collaboration with John Lewis
RNS
RNS Number : 9568T
Clipper Logistics plc
24 July 2015

Clipper Announces new Collaboration with John Lewis



Clipper Logistics plc ("Clipper" or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has entered into a collaboration with its long-standing customer, John Lewis plc ("John Lewis"), to develop fulfilment solutions for Click & Collect orders.



The shopping habits of British consumers are undergoing rapid change, with an increasing proportion of online orders being fulfilled by customers collecting from store or other collection points (Click & Collect). As a result there is an increasing need for retailers to deliver innovative solutions that safeguard customer service whilst supporting forecast growth.



The new collaboration will enable John Lewis to take greater responsibility for ensuring that it continues to be well placed to fulfil the service commitment it makes to its customers, and will complement existing delivery services provided by the John Lewis green van fleet and other existing service providers.



Initially, from autumn 2015, Clipper will fulfil more than 40,000 customer orders every week to over 100 Waitrose shops. Future evolution of the collaboration beyond the initial phase will be determined between Clipper and John Lewis taking account of constantly evolving customer expectations.



Dino Rocos, operations director at John Lewis, commented: "Our customers are at the heart of everything we do and as their shopping habits continue to evolve, our approach to delivery needs to be responsive to this. We have worked with Clipper Logistics for the last seventeen years; as a retail sector leader, they are ideally placed to help us respond to our growing demand for omnichannel order fulfilment."



Steve Parkin, chairman of Clipper, added: "We are delighted to be working in collaboration with John Lewis to create a unique platform to support the rapidly growing Click & Collect customer proposition. Our expertise and experience in logistics solutions and fulfilment in an omnichannel age ensures we are well positioned to support John Lewis's order fulfilment as demand continues to increase."



Notice of Full Year Results



Clipper Logistics plc will announce its Full Year Results for the year ended 30 April 2015 on Tuesday 28 July 2015.

Final Results for the year ended 30 April 2015
RNS
RNS Number : 2170U
Clipper Logistics plc
28 July 2015



Clipper Logistics plc

Final Results for the year ended 30 April 2015

Clipper Logistics plc ("Clipper", "the Group", or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment services to the retail sector, is pleased to announce its Full Year Results for the year ended 30 April 2015.



Financial Highlights for the Year Ended 30 April 2015

· Group revenue increased by 16.7% from £201.2 million to £234.8 million

· Group Adjusted EBIT1 increased by 24.9% from £9.6 million to £12.0 million

· Group profit for the financial year was £7.3 million (2014: £2.8 million), after deduction of discontinuing costs of £0.3 million (2014: £2.3 million) and exceptional costs of £0.9 million (2014: £2.5 million); an increase of 157.3%

· Earnings per share increased by 157.0% to 7.3p (2014: 2.8p)

· Adjusted earnings per share2 increased by 20.1% to 8.4p (2014: 7.0p as restated)

· Net debt at 30 April reduced by 11.6% to £13.6 million (2014: £15.4 million)



1 Adjusted EBIT is defined as operating profit excluding discontinuing and exceptional costs.

2 Adjusted earnings per share is based on profit attributable to ordinary equity holders adjusted by adding back discontinuing and exceptional costs, and adjusting for the



tax thereon.

Percentages are calculated based on the underlying numbers as presented in the Financial Statements, not on the rounded figures above.





Operational Highlights for the Year Ended 30 April 2015

· Successful Initial Public Offering (IPO) on the London Stock Exchange

· Acquisition and integration of Servicecare Support Services Limited, broadening the Clipper service offering to include electrical returns

· Significant contract wins with new customers including Pep&Co, Philip Morris and Zara

· Long-term extensions to contracts with existing major retail customers including Harvey Nichols, New Look and Tesco

· Major new contract with John Lewis to provide a range of retail support services from a new distribution centre

· Adoption of the 'Boomerang' returns management brand proposition by a number of new and existing customers, including the first in mainland Europe providing value-added returns management services to s.Oliver under a new agreement

· Continued strong growth in the retail e-commerce market driving volumes with existing customers, and new contract opportunities

· Strong new business pipeline expected to deliver continued organic growth in the 2016 financial year





Post Year End Highlights

· Subsequent to the 30 April 2015 year end, the Company has agreed terms for a Click and Collect solution in collaboration with John Lewis





Steve Parkin, Executive Chairman of Clipper commented:

"The Group is proud to be continuously recognised throughout the UK's retail sector, as a leading provider of value-added logistics and e-fulfilment solutions and this is reflected in our latest set of full year results. Successfully implementing its strategy of both organic and acquisitive growth whilst working with some of the UK's most recognised brands, the business continues to drive shareholder value. Our new reporting year has started strongly with the signing of terms for a Click & Collect solution with John Lewis and we look forward to updating the market with further successes through the coming year."





2015 Annual Report and Accounts

The full 2015 Annual Report and Accounts for the Company can be found on its website at www.clippergroup.co.uk/report-accounts/, and the investor presentation relating to this Annual Report and Accounts can be found at www.clippergroup.co.uk/results-presentations/. Copies of the 2015 Annual Report and Accounts will be posted to shareholders shortly.





2015 Annual General Meeting ("AGM")

Clipper Logistics plc's 2015 AGM will be at Clipper Logistics, Gelderd Road, Leeds, LS12 6LT on 28 September 2015 at 11.00am. The Notice of AGM will be issued within the next month.





Forward looking statements

This announcement contains forward looking statements. These have been made by the Directors in good faith using information available up to the date on which they approved this report. The Directors can give no assurance that these expectations will prove to be correct. Due to the inherent uncertainties, including both business and economic risk factors underlying such forward looking statements, actual results may differ materially from those expressed or implied by these forward looking statements. Except as required by law or regulation, the Directors undertake no obligation to update any forward looking statements whether as a result of new information, future events or otherwise.

Raise

28 Jul Numis 290.00 Buy

IC - Clipper's fortunes may rely on the whims of the consumer, but its split between discretionary and staples businesses is likely to prove a ballast in stormier times. Its commercial vehicles business, which includes high margin servicing, is also growing nicely. The shares have doubled since IPO, but there should be more to come.

Clipper Logistics PLC (CLG:LSE) set a new 52-week high during today's trading session when it reached 310.00. Over this period, the share price is up 104.62%.

Ex dividend 03 Sep 2015 Clipper Logistics (3.2 P)

2 Oct Cantor... 265.00 Hold

Trading Update
RNS
RNS Number : 4491E
Clipper Logistics plc
04 November 2015

Clipper Logistics plc



Clipper (LSE:CLG), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, announces an update on trading ahead of its interim results for the six months ended 31 October 2015.



Trading for the first half of the year is in line with the Board's expectations, with growth in revenue, operating profit and net earnings.



The Board remains confident that continued organic growth in the Group's sectors, particularly e-fulfilment and returns management services, coupled with the benefit of new contract wins, will continue to deliver strong performance in the second half.



Clipper's interim results for the six months ended 31 October 2015 will be announced on Thursday 3 December 2015.

Clipper Wins New Contract with M & Co
RNS
RNS Number : 9295E
Clipper Logistics plc
09 November 2015



9 November 2015.



Clipper wins new Contract with M & Co



Clipper Logistics plc ("Clipper", "the Group" or "the "Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has signed a new contract with Mackays Stores Limited, which trades as M & Co.



The new contract commences on 1st January 2016 and extends through to the end of 2019.



M & Co is one of the largest privately-owned fashion retailers in the UK, and has been selling quality clothing for over 50 years. It has over 250 stores throughout the UK.



Clipper is a leading provider of consultancy-led, innovative logistics services, focussing on the retail sector. In addition to warehousing, distribution and associated services, it is a market leader in the provision of e-fulfilment and returns management services.



Under the new agreement, Clipper will be providing distribution services to M & Co's retail store base on an exclusive basis, using a mixture of dedicated and shared user vehicles from its distribution centres at Harlow, Avonmouth, Brighouse and East Kilbride.



Bryce Howie, Logistics and IT Director of M & Co said : "M&Co are pleased to be going into partnership with Clipper to service our extensive UK wide retail store estate. We are confident that this relationship will continue to enhance the service that we are able to provide to our customers, and that it will be mutually beneficial over the next few years for both Clipper and ourselves".





Steve Parkin, Executive Chairman of Clipper, said : "We are delighted to be appointed as exclusive provider of logistics services to the M & Co fashion stores. M & Co is a long-established fashion retailer who we are pleased to welcome to our ever-expanding client base".

Half Yearly Report
RNS
RNS Number : 7974H
Clipper Logistics plc
03 December 2015



CLIPPER LOGISTICS PLC



"Further strong growth in revenue and profits"



INTERIM RESULTS FOR THE SIX MONTHS TO 31 OCTOBER 2015



Clipper Logistics plc ("Clipper", "the Group", or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce its unaudited results for the six months ended 31 October 2015.



Financial Highlights



· Group revenue up 26.9% to £141.5 million (2014: £111.6 million);



· Group adjusted EBIT 18.1% ahead at £6.2 million (2014: £5.2 million);



· E-fulfilment and returns management services EBIT up 59.2% to £3.5 million (2014: £2.2 million);



· Non e-fulfilment logistics EBIT up 6.0% to £5.0 million (2014: £4.7 million);



· Commercial vehicles EBIT up 36.0% to £1.1 million (2014: £0.8 million);



· Group PBT up 52.9% to £5.5 million (2014: £3.6 million);



· Cash generated from operations up 75.4% to £7.4 million (2014: £4.2 million);



· Adjusted earnings per share up 19.4% to 4.3 pence (2014: 3.6 pence);



· Interim dividend up 25.0% at 2.0 pence per share (2014: 1.6 pence).



Operational Highlights



· Commenced e-fulfilment services for a major international retailer from a new distribution centre in Northampton;



· Commenced operations on a new Click & Collect collaboration with John Lewis;



· Implemented a new contract with Philip Morris;



· Returns management solution now fully operational in Germany following contract with s.Oliver;



· Agreed a four year contract to provide distribution services to M & Co commencing 1 January 2016;



· Strong performance in commercial vehicles division driven by new vehicle and parts sales;



· Continuing strong pipeline of new business opportunities.



Commenting on the results, Steve Parkin, Executive Chairman of Clipper, said:

"I am pleased to report that the Group has delivered results in line with our expectations, with strong revenue and profit growth, and further improved operating cash flow. Clipper continues to leverage its market-leading position in the high-growth areas of e-fulfilment logistics and returns management, and has seen strong organic growth on existing contracts complemented by the impact of new contract wins with well known and respected brands.



The Servicecare acquisition, which was completed on 3 December 2014, has been immediately earnings-enhancing, and will deliver results in line with our expectations.



We continue to have a strong pipeline of new business opportunities, and have continued positive momentum on both existing and new contracts as we enter the second half of the year.



We are pleased to announce an interim dividend of 2.0 pence per share, which will be paid to shareholders on 31 December 2015.



We remain confident for the future and look forward to updating our shareholders and the markets throughout the year."

3 Dec Numis 290.00 Buy
3 Dec Cantor... 265.00 Hold

director purchase