Xpediator PLC's (LON:XPD) Robert Ross talks to Proactive London about their expectations for profits for the year that just ended, which Ross is confident will be significantly ahead of market expectations.
Ross puts this down to several factors, including strong performances from Central and Eastern European (CEE) countries, particularly Lithuania.
Due to higher demand, the group now expects to report adjusted profit before tax of about £7.2mln for 2020, up 40% on 2019’s £5.15mln.
The group saw positive contributions from Import Services, which benefited from high volumes amongst its customers in the toy sector, and an uplift in activity ahead of Brexit in UK freight forwarding.