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

From over the road -

pj0077
30 Jul '18 - 12:30 - 144 of 145
0 1 0
Very low quality of earnings reported by Clipper today.

The PBT of £17.97m was boosted by 'other net gains' of £2.4m, principally profits on property disposals. Strip these out & the Net Profit would have been £12.34m.

Analysts were forecasting £19m for y/e April 2019 - which implies huge profit growth of 54% to be in line with the current years expectations.

I'd expect 20-30% profit downgrades to come in the next few days

thanks for the explanation DC, though it is not a stock that has ever tempted me

The company sp made strong gains 2014 into 2015.

10:10 31/07/2018
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

New Contract Win
RNS
RNS Number : 7049G
Clipper Logistics plc
08 November 2018

Clipper Logistics plc


New Contract Win
Clipper Logistics plc ("Clipper", "the Group" or the "Company"), is pleased to announce that it has signed a new contract, initially for three years, with Sportsdirect.com Retail Limited ("Sports Direct") to provide logistics services to Sports Direct at and from one of the two Clipper sites in Peterborough.