News / New takeover targets will bring added value as XPO Logistics turns a corner

20/02/2015

After several years of aggressive acquisition, XPO Logistics has made its first annual profit, yesterday reporting that last year it achieved earnings before interest, tax, depreciation and amortisation of $81.4m.

While the company’s post-tax results continued to show a net loss – overall, $63.6m – last year it reported an adjusted EBITDA loss of $25.5m, and it forecast that it would reach the end of this year with a revenue of $5.25bn and an EBITDA of $300m.

“It is a substantial turning ...