News / 'Explosive' revenue growth drives up H1 profits at Clipper Logistics

UK e-commerce retail 3PL Clipper Logistics today reported an 11.7% increase in half-year revenue.

The result came on the back of a number of new contracts and explosive revenue growth at its European operations in Poland and Germany.

The company earned revenues of £254.6m ($334.34m) during the period and posted a 13.5% improvement in reported group ebit, which increased to £12.1m “due to strong revenue growth in e-fulfilment and returns management and an improvement in contributions from Clicklink”.

However, it added that, due ...