LONDON (Alliance News) - Clipper Logistics PLC on Thursday said trading in its financial year to the end of April was in line with its expectations, with growth in revenue, operating profit and earnings.
The retail logistics company said it remains well-positioned to benefit from the structural shift in the retail sector towards e-commerce and said progress on its latest shared-use facility in Northampton is ongoing.
The company added it will install additional sorting capacity at its Northampton facility as part of a push to grow its presence in the click and collect space.
Clipper shares were up 4.3% to 292.62 pence Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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