Eddie Stobart Logistics (ESL) saw a strong level of new contract wins in H118, which contributed to its 25% revenue growth, of which 10% was organic. We believe that new opportunities are arising as customers look to outsource their logistics to both save money and cope with the shift to e-commerce. ESL’s e-commerce revenues rose from 5% of the total in FP14 (8M14) to 21% in H118. As well as organic growth, the company is seeing a good revenue and profit contribution from acquisitions a
30 Oct 2018
Eddie Stobart Logistics - Outsourcing and e-commerce boosting growth
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Eddie Stobart Logistics - Outsourcing and e-commerce boosting growth
Logistics Development Group Plc (LDG:LON) | 11.2 0 1.8% | Mkt Cap: 59.2m
- Published:
30 Oct 2018 -
Author:
Robert Plant -
Pages:
18
Eddie Stobart Logistics (ESL) saw a strong level of new contract wins in H118, which contributed to its 25% revenue growth, of which 10% was organic. We believe that new opportunities are arising as customers look to outsource their logistics to both save money and cope with the shift to e-commerce. ESL’s e-commerce revenues rose from 5% of the total in FP14 (8M14) to 21% in H118. As well as organic growth, the company is seeing a good revenue and profit contribution from acquisitions a