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

TR-1 Notification of Major Interest in Shares

http://www.moneyam.com/action/news/showArticle?id=4870448

Full Year Results

RNS


RNS Number : 3012Q

Clipper Logistics plc

29 August 2014










Clipper Logistics plc

Final Results for the year ended 30 April 2014, incorporating an interim management statement to 28 August 2014

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 Full Year Results for the year ended 30 April 2014.



Financial Highlights

· Group revenue increased by 25.2% to £201.2 million

· Statutory Group profit for the period £2.8 million (2013: £3.8 million), after deduction of discontinuing costs of £2.3 million (2013: £2.1 million) and exceptional costs of £2.5 million (2013: £0.4 million)

· Group Adjusted EBIT* increased by 10.0% to £9.6 million

· Adjusted EBIT from e-fulfilment logistics operations up 49.4% to £3.7 million

· Non e-fulfilment logistics Adjusted EBIT up 15.8% to £9.2 million

· Investment in additional central logistics overheads of £1.8 m to further support growth into 2015

· Commercial vehicles Adjusted EBIT up 25.4% to £1.8 million due to business integration and depot rationalisation

· Adjusted earnings per share** increased to 6.6p (2013: 5.7p)

· A new £30m bank debt facility was put in place at IPO to facilitate targeted acquisition strategy



*Group Adjusted EBIT is defined as operating profit excluding non-recurring items.

** 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.



Operational Highlights for the Year to 30 April 2014

· Significant new contracts with customers including SuperGroup, ASOS and Antler

· Strong growth in retail e-commerce market, driving revenues with existing customers as well as providing opportunities for new contract wins

· New "Boomerang" brand introduced to focus on value-added returns management services

· Acquisition of R. Geist Spedition GmbH & Co. KG completed in October 2013 to enhance operations in Germany, providing a platform to benefit from growth in European online retailing and support UK customers' ambitions to expand into Europe

· Integration of Northern Commercials (Mirfield) Ltd and Stormont Truck and Van Ltd in August 2013 realised cost reductions and created a platform for market share and profit growth



Post Year End Highlights and interim management statement for the period to 28 August 2014

· Clipper Logistics plc admitted to the premium segment of the London Stock Exchange on 4 June 2014

· Strong operational and financial performance of FY14 has continued into the current year, in line with management expectations

· Contract signed with Tesco

· Continuing growth in e-commerce sector, including returns management

· Strong new business pipeline ensures organic growth within Logistics will continue into the 2015 financial year



Steve Parkin, Executive Chairman of Clipper commented:



"The Group has the enviable position of being one of the leading providers of value-added logistics and e-fulfilment solutions to the retail sector in the UK. The strong performance delivered in the financial year to 30 April 2014 has continued into the current financial year. The business is advancing in line with its strategy and is poised for further growth, both in the UK and internationally. We are proud to have achieved a successful listing on the Premium Segment of the London Stock Exchange and look forward to creating further shareholder value in the next phase of the business's development."

Clipper Awarded Philip Morris Ltd. Contract

RNS


RNS Number : 4552Q

Clipper Logistics plc

01 September 2014







1st September 2014





Clipper Logistics plc



Philip Morris Ltd. Appoints Clipper to UK Logistics Contract



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 have been appointed by Philip Morris Ltd. to handle the UK storage and distribution of its leading brand portfolio.

The Group was awarded this contract on the back of its extensive experiencein bonded warehousing and securedistribution of high value products throughout the UK. This contractwill see Clipper take on Philip Morris Ltd.'s products in a phased transition over the coming months.

Jerry Margolis, Sales Director at Philip Morris Ltd., said "It was clear to us that Clipper have the ability to meet our demanding requirements. It is vital that we provide a secure, reliable supply chain to our customers and Clipper's knowledge and experience made them our partner of choice. This is good news for our customers, who can expect a dependable and professional service."

Steve Parkin, Executive Chairman of Clipper commented: "Clipper's extensive expertise in the handling of tobacco products was a key factor in the awarding of this contract, as was our experience in designing and implementing bespoke high value logistics solutions. We are proud to work with such a well established name on this significant contract, which once again demonstrates our ability to offer innovative solutions to complex logistical challenges."

The contract includes receipt of inbound goods from Philip Morris factories; secure, bonded warehousing; and national onward distribution via Clipper's high security network.

ENDS

Major European Breakthrough Contract Win

RNS


RNS Number : 5773V

Clipper Logistics plc

30 October 2014







30th October 2014





Clipper Logistics plc





Major European Breakthrough Contract Win for Boomerang Brand



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 been appointed by leading German fashion brand s.Oliver, to manage its European wholesale and retail returns management service. This represents the Company's first Boomerang contract in mainland Europe.



The contract win represents a major advance for Clipper's European operations, based in Germany. s.Oliver is a family-owned fashion company located in Rottendorf, Bavaria and operates retail outlets throughout Austria, Croatia, Switzerland and the Netherlands as well as across Germany. The Boomerang returns management service will be delivered from Clipper's existing solutions centres in Munchberg and Hof.



As a condition of the contract, s.Oliver sought to dispose of the freehold of the Munchberg site to Clipper. Clipper operates an asset-light business model and does not currently own any of the sites that it provides its services from, therefore the Munchberg site has been acquired by Knaresborough Real Estate Limited, a related party to Clipper through its ownership by Executive Chairman Steve Parkin, and will continue to be leased to Clipper on the same terms and monthly rent as previously in place with s.Oliver, being €37,500 per month, for a term of ten years. This lease arrangement will allow Clipper to retain its asset-light business model, and falls within LR 11.1.10R (smaller related party transactions).



Returns management is an increasingly important arena for retailers. In the UK, estimates are that between 25% and 40% of all clothing and footwear purchases are returned.



Historically, customers would return the product to the store where the purchase was made, but as online retail has developed, customers are demanding choices in their method of return. This represents a stock management and processing challenge for the retailers. The Group has a strong track record of managing this process for customers, including managing the returns operation for ASOS, the UK's leading online fashion retailer.



The s.Oliver contract expands on a long term and successful partnership, dating back to 1998. Clipper's existing solution for the s.Oliver brand has seen it manage warehousing, pre-retail processing and "direct to store" distribution of fashion items.



The bespoke returns solution will assist s.Oliver in developing sales growth, increasing efficiency of stockholding and improving its customer service. Returned products will be received from s.Oliver stores and concessions and processed effectively to maximise resale value.



Boomerang has already been a proven success with UK retailers, with approximately 95% of product successfully returned to prime stock at first pass.



Tony Mannix, Chief Executive Officer of Clipper commented:

"The manner in which this contract has been proactively implemented demonstrates the dynamic relationship between Clipper and s.Oliver. We're constantly looking at ways to improve the systems and processes available to our customers, and implementing a best-in-class returns management system was the natural progression for this contract. In implementing the Boomerang solution, we will reorganise parts of the current process, including the way clothing is delivered, stored and hung. This will increase supply chain efficiency and improve customer service".



Steve Parkin, Executive Chairman of Clipper commented:

"We set out earlier this year a very clear strategy to develop returns management capabilities in continental Europe to capitalise on our strengths in this key area. Returns management is a growing issue for all retailers and finding ways to make the process more efficient is increasingly crucial to their success. Providing our Boomerang solution to a major retailer such as s.Oliver validates this strategy, and we look forward to continuing to grow the Boomerang brand both in the UK and overseas."



- ends -

CLIPPER LOGISTICS



Last Signal: BUY


Last Pattern: BULLISH MATCHING LOW



Last Close:
142.2500


Change:
+5.6250

Percent change
+4.12%




Signal Update

Our system’s recommendation today is to BUY. The BULLISH MATCHING LOW pattern finally received a confirmation because the prices crossed above the confirmation level which was at 138.6250, and our valid average buying price stands now at 138.7850. The previous SHORT signal was issued on 13/10/2014, 18 days ago, when the stock price was 136.0700. Since then CLG.L has risen by +2.00%.

Market Outlook

The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance.


http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CLG.L

Interim Results

RNS


RNS Number : 7935Y

Clipper Logistics plc

04 December 2014








CLIPPER LOGISTICS PLC





INTERIM RESULTS FOR THE SIX MONTHS TO 31 OCTOBER 2014



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 2014.







Financial Highlights



· Group revenue up 20.0% to £111.6 million (2013: £93.0 million);



· Group adjusted EBIT 28.8% ahead at £5.2 million (2013: £4.1 million);



· E-fulfilment Logistics EBIT up 34.0% to £2.2 million (2013: £1.6 million), reflecting continued organic growth and new contract wins;



· Non e-fulfilment Logistics EBIT up 12.3% to £4.7 million (2013: £4.2 million);



· Adjusted earnings per share up 29.6% to 3.5 pence (2013: 2.7 pence);



· Maiden interim dividend of 1.6 pence per share;



· Net debt reduced by £0.4 million to £14.2 million, after paying £2.3 million of non-recurring costs, (principally relating to costs associated with the IPO)



Operational Highlights



· Appointed by Philip Morris Limited to handle the UK storage and distribution of its leading brand portfolio;



· Relocated the Tesco online clothing operation to a new site at Daventry, signing a new five year contract for an extended range of services to support the customer's long term growth ambitions;



· Appointed by luxury fashion brand ME+EM to provide a multichannel retail logistics solution for their range;



· Appointed by leading German fashion brand s.Oliver, to manage its European wholesale and retail returns management service, representing the Group's first Boomerang contract in mainland Europe;



· Re-awarded womenswear fashion brand Whistles' contract to manage the receipt and distribution of its entire product range to customers worldwide;



· Continuing strong pipeline of new business opportunities;

· As separately announced today, acquired Servicecare Support Services Limited ("Servicecare") for cash consideration of £5.7 million, extending the Group's returns management operations to include electrical items, in addition to general merchandise and clothing.



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

"These are the first interim results of Clipper post-IPO, and I am pleased to report that the Group has delivered results in line with the Board's expectations, with strong revenue and profit growth, and good cash conversion. Clipper continues to have a market-leading position in the high-growth area of e-fulfilment logistics, and has seen strong organic growth on existing contracts complemented by the impact of new contract wins.



Our Boomerang brand, which specialises in the management of returns, has continued to gain traction, and this will be further enhanced by the acquisition of Servicecare, which enables us to extend the Boomerang service to encompass electrical products, as well as clothing and general merchandise. Equally importantly, our non e-fulfilment operations have also continued to deliver significant year-on-year growth, reflecting the innovative approach Clipper takes to deliver solutions that address the needs of our customers.



We are pleased to announce a maiden interim dividend of 1.6 pence per share, which will be paid to shareholders on 31 December 2014.



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

Clipper Logistics: Numis moves target price from 170p to 180p and upgrades from 'add' to 'buy'.

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 05/12/2014, 25 days ago, when the stock price was 146.2500. Since then CLG.L has risen by +12.91%.

Market Outlook

The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.



https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CLG.L

From the company site -


Clipper Logistics rises to the challenge of Cyber Weekend




Retail solutions experts Clipper Logistics plc has reported its busiest ever period, in the run up to Christmas 2014. Volumes handled by the logistics experts were 100% higher than the comparable period in 2013 and 400% higher than a typical weekend.

Clipper processed orders for over two million items, or nearly six items per second over the four days. 100% of these orders were processed within the clients’ designated lead-time, fulfilling their customer commitments.

Traditionally, Black Friday (which this year fell on November 28th) and Cyber Monday (December 1st) mark the busiest days of the year for retailers. This year, there was a heavy focus on increased retail sales, both on the high street and from online retailers. In preparation for these increased volumes, Clipper worked closely with its retail customers to ensure customer service levels remained consistent and orders were fulfilled to the same high standards.

Sean Fahey (Clipper CIO) said: “We received a tremendous uplift in the volume of orders, well in excess of forecast, and I am delighted that our systems and operational teams achieved service levels to despatch all items on time. The feedback from our clients has been fantastic, with one site being awarded the retailers’ own internal service award for excellence – always a great accolade.”

Clipper provides e-fulfilment and specialist logistics services to many retailers, including John Lewis, F&F Clothing at Tesco, Supergroup, Asda and Wilko. Whilst unable to comment on individual retailers performance, overall volumes handled by Clipper over the weekend meant the business had its busiest period ever.

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."

/;////////////////////////////////////////////////////////////////////////////////////////////////



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.