News / Profits up, and a bullish Xpediator sets its sights on expansion across Europe

A strong second-half freight forwarding performance, particularly in the final quarter, managed to increase UK forwarder and transport operator Xpediator’s 2020 revenues and profits.

Group turnover came in at £221.2m ($304.5m), an increase of 3.7% on 2019, while adjusted profit before tax grew 38.5% to £7.2m.

This reflected “a generally resilient performance during the Covid-19 impacted months coupled with a strong performance in the last quarter of 2020”, it said.

The star performer was its freight forwarding division, led by the Delamode brand, ...