As flagged in the H1 trading update in November, trading for the first half of the year was in line with expectations, with further significant growth in revenue (up 16.5%) and PBT (up 25.5%). The outlook statement is positive, with the new business pipeline at a strong level and the Board expecting positive momentum to continue into the second half. Clipper’s share price has performed well since our initiation note in September and is now near our target price of 370p. We will look to review ou ....

01 Dec 2016
N+1 Singer - Clipper Logistics - Interims highlight further significant growth

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N+1 Singer - Clipper Logistics - Interims highlight further significant growth
- Published:
01 Dec 2016 -
Author:
Greg Poulton -
Pages:
3 -
As flagged in the H1 trading update in November, trading for the first half of the year was in line with expectations, with further significant growth in revenue (up 16.5%) and PBT (up 25.5%). The outlook statement is positive, with the new business pipeline at a strong level and the Board expecting positive momentum to continue into the second half. Clipper’s share price has performed well since our initiation note in September and is now near our target price of 370p. We will look to review ou ....