Xpediator PLC

Xpediator performing 'extremely well' with sales on track to exceed £200mln

Xpediator PLC (LON:XPD) chief executive Stephen Blyth speaks to Proactive London following the release of their 2018 results, telling Andrew Scott the business is performing extremely well, growing both organically and through acquisition.

Revenue rose by 54% to £179.2mln in the year ended 31 December 2018. Pre-tax profits more than doubled to £5.6mln.

Growth was helped by two acquisitions - Import Services Logistics and Anglia Forwarding – that added 18% to turnover and brought with them facilities in Felixstowe, Heathrow and Southampton.

Quick facts: Xpediator PLC

Price: £0.27

Market: AIM
Market Cap: £36.04 m

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Xpediator tipped for another year of strong growth and cash generation

Equity Development analyst David O'Brien gives his take on Xpediator PLC's (LON:XPD) 2018 results. He says despite a hefty Brexit discount, trading continued to be strong throughout the year - accelerating during the second half. O'Brien adds that FY18 was ahead of expectations on all...

on 29/4/19

2 min read