Xpediator Plc
XPD.L
Xpediator Plc
SymbolISINCurrencyExchange
XPD.LGB00BF6P5V92GBXLondon Stock Exchange
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Xpediator Plc (XPD.L) Announced the appointment of Jonathan Wright to the Group's operational board as Chief Operating Officer UK Logistics.
Jonathan Wright appointed as COO UK LOGISTICS. The board of Xpediator,, a leading provider of freight management services across the UK and Europe, is pleased to announce the appointment of Jonathan Wright to the Group's operational board as Chief Operating Officer UK Logistics. In 2014, Jonathan invested in a start up business within the Xpediator group,...
\'Significant growth\' confirmed Xpediator’s pre-close trading update said that revenues and profits are both in-line with market expectations. Top-line growth was significantly ahead, rising 54% y-o-y to c.�179m (c.1% ahead of ED estimate), while profits have more than doubled to c.�7.1m. The uplift to revenues has been driven by organic growth, most notably in Freight Forwarding (Baltics and Balkans), Pall-Ex Romania, and Affinity. Plus, there were benefits from the acquisition of ISL and Anglia Forwarding in 2018, and Regional Express in late 2017. FY2018F proved eventful, with two acquisitions made and strong organic progress witnessed across much of the Group. The acquisition of Anglia Freight in June and ISL in July added approximately �21m of revenues, accounting for c.18% of the y-o-y increase. The wider group has benefitted from the sea and air freight capabilities, wider customer base and service offerings added The significant improvement in revenues in the Group’s operations in the Baltic states and the Balkans, despite challenging comparatives, reflects the continued development of the customer base within the Freight Forwarding division and the rising revenues from Greece (via the Group’s Bulgarian operations). There is a comprehensive investment programme underway during FY2019F, which is likely to boost central headcount. There will be further improvement in systems and expansion of the warehousing footprint. We think this is likely to have a small short-term impact on margins in FY2019F, but then resulting in ongoing improvement in returns as early as FY2020F onwards. Management has suggested that the acquisition pipeline remains strong, as do the opportunities for organic growth. With approximately two-thirds of revenues generated outside of the UK, we believe that the share price has recently over-reacted to Brexit uncertainty and as a result consider it on attractive valuations currently. Xpediator’s shares are now at a FY2019F PER of just 10.9x and well below our valuation of 85p.
\'Significant growth\' confirmed Xpediator’s pre-close trading update said that revenues and profits are both in-line with market expectations. Top-line growth was significantly ahead, rising 54% y-o-y to c.�179m (c.1% ahead of ED estimate), while profits have more than doubled to c.�7.1m. The uplift to revenues has been driven by organic growth, most notably in Freight Forwarding (Baltics and Balkans), Pall-Ex Romania, and Affinity. Plus, there were benefits from the acquisition of ISL and Anglia Forwarding in 2018, and Regional Express in late 2017. FY2018F proved eventful, with two acquisitions made and strong organic progress witnessed across much of the Group. The acquisition of Anglia Freight in June and ISL in July added approximately �21m of revenues, accounting for c.18% of the y-o-y increase. The wider group has benefitted from the sea and air freight capabilities, wider customer base and service offerings added The significant improvement in revenues in the Group’s operations in the Baltic states and the Balkans, despite challenging comparatives, reflects the continued development of the customer base within the Freight Forwarding division and the rising revenues from Greece (via the Group’s Bulgarian operations). There is a comprehensive investment programme underway during FY2019F, which is likely to boost central headcount. There will be further improvement in systems and expansion of the warehousing footprint. We think this is likely to have a small short-term impact on margins in FY2019F, but then resulting in ongoing improvement in returns as early as FY2020F onwards. Management has suggested that the acquisition pipeline remains strong, as do the opportunities for organic growth. With approximately two-thirds of revenues generated outside of the UK, we believe that the share price has recently over-reacted to Brexit uncertainty and as a result consider it on attractive valuations currently. Xpediator’s shares are now at a FY2019F PER of just 10.9x and well below our valuation of 85p.
Xpediator,, a leading provider of freight management services across the UK and Europe, is pleased to confirm the Group has achieved its growth objectives and recorded significant increases in sales and profits for the twelve months to 31 December 2018 in line with market expectations. �54% increase in total revenues to approximately �179 million generated...
We are delighted that BOD has been selected as one of finalists in the Mining Elites in Africa 2019 diamond section.
RNS Number: 3201 N Xpediator PLC 17 January 2019 17 January 2019. Simon Youd appointed as Group Head of M&A and Integration. The board of Xpediator,, a leading provider of freight management services across the UK and Europe, is pleased to announce the appointment of Simon Youd as Group Head of M&A and Integration and to the Group's operational board.
RNS Number: 3069 N Xpediator PLC 16 January 2019 16 January 2019. The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. Xpediator,, a leading provider of freight management services across the UK and Europe, notes the recent press comment regarding the...
RNS Number: 5829 L Xpediator PLC 27 December 2018 27 December 2018. Xpediator, a leading provider of freight management services across the UK and Europe, announces that pursuant to the acquisition of Regional Express Limited, as described in the Group's announcement dated 6 November 2017, a deferred consideration payment of �35,000, based on the results of...
A good win for our eCommerce division. EshopWedrop has been chosen by Flubit.com, the largest UK-owned digital marketplace (hosting a catalogue of over 70 million consumer products) to manage its international deliveries. Find out more by clicking here
RNS Number: 3896 J Xpediator PLC 04 December 2018. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3888 J Xpediator PLC 04 December 2018. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Xpediator,, a leading provider of freight management services across the UK and Europe, announces that the Company has granted nil cost options over a total of 1,500,000 ordinary shares of 5 pence each in the share capital of the Company. 857,143 Share Options have been issued to Stephen Blyth and 642,857 Share Options to Stuart Howard.. Following the grant of the...
Xpediator Plc, a leading provider of freight management services across the UK and Europe, is pleased to announce that the Company will be presenting at the Mello London investor conference on Monday 26 November 2018 to be held at the Clayton Hotel Chiswick, Chiswick High Road, London, W4 5 RY.. Established in 1988 by CEO Stephen Blyth today the Group's...
Just completed an interview alongside Equity Development�s analyst David O�Brien discussing our respective view of how goods will come in to the UK post Brexit and how Xpediator is well placed to benefit -
The FT’s transport correspondent Michael Pooler picked out Xpediator this weekend as a business that is well placed to benefit from Britain leaving the EU. Highlighting the acquisitions we have made and the positive share price performance since listing which Pooler notes compares favourably against some of our peers, read the article online here
For investors interested in learning more about our preparations in the lead up to Brexit you can now read our Freight Forwarding COO Shaun Godfrey’s clear explanation in this month’s Logistics Manager (register free to read online here I can also recommend our latest Board Biography video for those looking to learn about our new CFO Stuart Howard and the strengths he brings with him to the Group https://bit.ly/2Qff1ge

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Company Profile

Xpediator is the holding company for the Group, a well-established international provider of freight management services. The original business, trading as “Delamode”, was established in 1988 by Stephen Blyth (the Group’s Chief Executive Officer), providing freight forwarding services in the UK. The Group has since evolved into an integrated freight management business operating in the supply chain logistics and fulfilment sector across the UK and Europe with a particular focus on, and expertise in, CEE countries. The Group currently employs over 700 people, with operational headquarters in Braintree, Essex, and country offices in Bulgaria, Lithuania, Latvia, Estonia, Macedonia, Montenegro, Moldova, Romania and Serbia operating across a total of 31 sites. This network of offices provides regular and direct services linking Eastern Europe, the Balkans and the Baltics with Western Europe, together with logistics and warehousing capabilities in the UK and Romania. The Group has three main business areas which are managed autonomously on a day-to-day basis but directed centrally to cross-sell services to the Group’s customer base: Freight forwarding, trading under the Delamode, EshopWedrop, Regional Express and Benfleet Forwarding brand’s. Logistics and warehousing, trading under the Delamode brand and EMT; and pallet distribution services, trading under the Pall-Ex brand. Transport services, trading under the Affinity brand.

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Locations

HQ
700 Avenue West
Skyline 120
Great Notley
CM77 7AA
Braintree
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