|Real-time Estimate - 10/26 07:22:47 am|
Clipper Logistics plc Provides Revenue Guidance for the Year Ending 30 April 202208/25/2021 | 02:00am
Clipper Logistics plc provided revenue guidance for the year ending 30 April 2022. For the year, The company expects revenue to benefit from: the full year effect of the new operations brought online in the logistics segment. As noted previously, the Group commenced activities on a number of new contracts in the year ended 30 April 2021; growth with existing customers, either organically - particularly with those in e commerce who will benefit from market growth - or through new service lines for those customers; growth from conversion of some of the opportunities on its new business pipeline, including in mainland Europe. These opportunities will be converted through a focus on retail specialisms and provision of cost effective, value added solutions. Some of these new business activities will not reach full year run rate until the year ending 30 April 2023 and beyond; and operations which have either recently commenced after the year end or other known new activities which are at various stages of planning. The annualized impact of these activities will not be fully delivered until the year ending 30 April 2023.
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