Clipper board agrees cash-and-share offer from GXO Logistics

28th Feb 2022 08:50

(Sharecast News) - Clipper Logistics announced on Monday that it had agreed a recommended cash offer from GXO Logistics, with shareholders set to receive 690p and 0.0359 new GXO shares for each Clipper share.

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Clipper Logistics agrees to £943m takeover by US rival GXO

21st Feb 2022 08:25

(Sharecast News) - Clipper Logistics has agreed to be taken over by US rival GXO in a £943m deal.

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Sunday newspaper round-up: Canadian beef, Rio Tinto, Credit Suisse

20th Feb 2022 22:05

(Sharecast News) - Britain is prepared to reject Canadian beef treated with hormones, dealing a setback for the trade talks, which had been due to formally start in April. One Whitehall source said there was "very little room to move" on food standards and that it would be extremely difficult to climb down on the issue. Trade officials confirmed that food standards would be a "red line" during the negotiations. - Sunday Telegraph

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Clipper Logistics lifts dividend as interim profits, revenue rise

9th Dec 2021 13:29

(Sharecast News) - Clipper Logistics lifted its interim dividend on Thursday as it posted a jump in profit and revenue and said it was on track to meet full-year guidance.

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Clipper Logistics teams up with FarFetch for delivery JV

25th Nov 2021 11:30

(Sharecast News) - Clipper Logistics and luxury fashion platform Farfetch have agreed to establish a joint venture to create a global e-commerce fulfilment solution for luxury brands.

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Clipper Logistics grows FY revenue and EBITDA

25th Aug 2021 08:37

(Sharecast News) - Retail logistics company Clipper Logistics said on Wednesday that both revenue and underlying earnings had grown in the year ended 30 April.

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Clipper Logistics lifts expectations, acquires life sciences platform Wippet

7th Jun 2021 07:29

(Sharecast News) - Clipper Logistics upgraded its medium-term expectations on Monday, following a solid year of trading, as it also announced the acquisition of life sciences-focussed Wippet and an extension of its Europe contract with Asos.

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Clipper Logistics upgrades expectations after contract wins

25th Feb 2021 12:10

(Sharecast News) - Clipper Logistics said on Thursday that it expects results to exceed current market views in the year to 30 April 2022 and beyond following "major" new contract wins with River Island and Mountain Warehouse.

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Sunday share tips: Clipper Logistics, Wynnstay

21st Feb 2021 18:05

(Sharecast News) - The surge in retail spending online in the wake of the pandemic has driven a roaring trade for Clipper Logistics, but the firm will need to continue delivering, said the Sunday Times's Sabah Meddings.

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Clipper Logistics reports 'unprecedented' levels of activity

6th Jan 2021 10:12

(Sharecast News) - Clipper Logistics reported a rise in revenues on Wednesday, saying it had seen "unprecedented" levels of activity in its UK and Continental Europe logistics operations over the Black Friday and Christmas periods.

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Clipper Logistics posts strong FY results, issues upbeat guidance

24th Aug 2020 12:53

(Sharecast News) - Clipper Logistics posted a strong set of full-year results on Monday and also issued some upbeat guidance for the current trading year on the back of "exceptionally high demand" for its services.

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Clipper Logistics strengthens management with internal promotions

4th May 2020 14:22

(Sharecast News) - Clipper Logistics announced two "significant" appointments to its senior management team on Monday, as part of its continuing long term development plan.

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Clipper Logistics sets up PPE supply chain for NHS

3rd Apr 2020 11:50

(Sharecast News) - Clipper Logistics has been contracted to provide services to establish a new supply chain for personal protective equipment (PPE) products for the NHS, it announced on Friday, delivering to hospital trusts and other healthcare providers across the UK.

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Clipper Logistics secures five-year contract with Joules

13th Jan 2020 12:27

(Sharecast News) - Clipper Logistics has signed a five-year contract with fashion brand Joules to provide logistics services.

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Clipper Logistics confirms preliminary takeover approach

20th Nov 2019 10:08

(Sharecast News) - Clipper Logistics confirmed on Wednesday that it has received a preliminary takeover approach from private equity firm Sun European Partners.

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