dreamstime_s_20177863
Photo 20177863 © Joshua Resnick | Dreamstime.com

UK freight forwarding and logistics operator Xpediator today posted first-half revenues of £126.6m, a 27% increase on H1 2020 at £99.6m, while adjusted operating profit of £3.6m was up 71% on the £2.1m reported last year. All good on paper, as it also reiterated its appetite for deal-making.

However, it experienced a reversal of a previously positive net cash position – it ended 2020 with £6.8m in net cash (gross cash minus gross debt), while at the end of Q2 21 ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £15.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.