Clipper Logistics Plc Reports 15% Surge In Top-Line For FY19

Clipper Logistics Plc (LSE: CLG) in its full-year results for the year ended 30 April 2019, has reported a sharp surge in group revenue of 15.0% to £460.2 million from £400.1 million in 2018. Though, the group’s EBIT was reported lower at £20.2 million as compared to £20.9 million in 2018. Dividend per share increased by 15.5% to 9.7p in 2019 from 8.4p in 2018. On operation front, the group reported significant revenue growth in value-added logistics both in the UK and Europe.

On 30th August 2019, at the time of writing, GMT 08:14 AM, CLG shares were trading at GBX 219.00, up by 6.00 points or 2.82% against the previous day closing price.