Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe, announces that on 4 December 2019 Wim Pauwels, non-executive director of the Company, purchased 80,000 ordinary shares of 5 pence each in the Company at a price of 37 pence per Ordinary Share. Established in 1988 by Stephen Blyth, the Group's international...
Xpediator, a leading provider of freight management services across the UK and Europe, announces that pursuant to the acquisition of Regional Express Limited, a further deferred consideration of £350,000 is payable, as described in the Group's announcement dated 25 June 2019, to the vendors of Regional Express. Part of the deferred consideration payment...
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe, announces that on 26 November 2019 Wim Pauwels, non-executive director of the Company, purchased 40,000 ordinary shares of 5 pence each in the Company at a price of 40 pence per Ordinary Share. Established in 1988 by Stephen Blyth, the Group's...
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe, announces that on 25 November 2019 Wim Pauwels, non-executive director of the Company, purchased 40,000 ordinary shares of 5 pence each in the Company at a price of 38 pence per Ordinary Share. Established in 1988 by Stephen Blyth, the Group's...
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe, announces that on 22 November 2019 Wim Pauwels, non-executive director of the Company, purchased 15,000 ordinary shares of 5 pence each in the Company at a price of 37 pence per Ordinary Share. Established in 1988 by Stephen Blyth, the Group's...
#XPD ''All Change'' - Xpediator has issued several announcements relating to Board changes during November: two Non-Executive Directors and a CFO have been appointed, plus the interim CFO will stay with the group. We view the appointments favourably, adding significant UK and international industry experience to the Board. It is also worth noting the subsequent purchase of shares by both new NEDs, suggesting confidence in XPD’s outlook. Following the departure of Stuart Howard, the previous permanent CFO, in early September, Xpediator has announced that Robert Ross will be joining the Group as CFO from 1 January. Robert joins from Europa Worldwide Group (“Europa”), where he held the position of Finance Director for four years. Europa specialises in European distribution; worldwide air and sea freight; logistics; national distribution and project forwarding and exhibitions. The business is based in Kent with revenues of £175.9m in the year to December 2018 and is therefore only modestly smaller than Xpediator. Earlier this month the Group announced the recruitment of two new Non-Executive Directors, Wim Pauwels and Charles McGurin. Wim is Belgian and has a career spanning 40-years within the logistics industry. In addition, the interim CFO, Richard Myson, has been appointed to the role of Commercial Director, and joins the Operating Board. Richard has 15 years’ experience within Xpediator in senior financial and commercial roles. At 48p/share, our fair value stands well above the level of the stock price. Furthermore, the recent preliminary approach for competitor Clipper Logistics seems to underpin the inherent strategic value of Xpediator plc. - Click here for note:
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe, announces that on 20 November 2019 Wim Pauwels, non-executive director of the Company, purchased 25,000 ordinary shares of 5 pence each in the Company at a price of 36 pence per Ordinary Share. Established in 1988 by Stephen Blyth, the Group's...
Xpediator,, a leading provider of freight management services across the UK and Europe, announces that on 13 November 2019 Charles Mcgurin, non-executive director of the Company, made two share purchases of ordinary shares of 5 pence each in the Company as follows:. Established in 1988 by Stephen Blyth, the Group's international network of offices provides road,...
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe is pleased to announce the appointment of Robert Ross as the Chief Financial Officer of the Group. Robert is currently Finance Director of Europa Worldwide Group, a transport and logistics company with annual revenues in excess of £175 million.
Xpediator,, a leading provider of freight management services across the UK and Central and Eastern Europe is pleased to announce Wim Pauwels and Charles McGurin have been appointed as Independent Non-Executive Directors with immediate effect. Wim is a Belgian national and well known industry figure having worked in multiple senior logistics roles...
#XPD ''Cost of growth'' - To us, there are three standout features within Xpediator’s interim results: significant investment for growth, revenues broadly in-line with previous expectations and short-term difficulties across a few of the business areas. Sales of £102.4m are in-line with prior expectations, given the H2 trading bias. However, whether facilities are filling capacity slower than initially expected, or due to temporary disruptions, margins were squeezed in some instances. The investment in management and IT has markedly increased the cost profile of the business, albeit it has cemented the foundation for future growth. It has been an eventful year to date. Management has looked to invest in the infrastructure of the business, to facilitate future growth and remove potential bottlenecks. While this approach is likely to pay dividends over the longer term, there have been short term cost implications. Also, disturbances within some businesses during H1, due to either temporary closures / disruptions or capacity filling at a slower than expected pace, had a knock-on effect on margins and adj. PBT/EPS. As a result, we have reduced our dividend estimate, with the new expectation covered 3.4x and equating to a forward yield of 3.5%. Despite the disruption to some of the Group’s operations, revenues are trending in-line with prior estimates. This is encouraging. That said, in the face of Brexit and the higher than anticipated cost base, we have reduced estimates for adj. PBT/EPS further. Management has guided on the adj. PBT outcome for FY2019F of £5.0m and because of the H1 result; a traditional H2 bias to sales, and temporary disruptions cleared, we believe this to be very achievable. Looking further forward, we prefer to take a very conservative stance and suggest 5% top-line growth into FY2020F and broadly static margins. We have assumed that dividend growth is likely to be progressive from here. We have built several valuation models for Xpediator, of which the peer group comparison is the most bullish. The average when including a three-stage dividend discount model and a DCF amounts to a fair value of 53p / share. In addition, one should bear in mind that net cash amounts to 12.4% of the current market capitalisation, rising to 15.5% by the end of FY2020 on our forecasts. - For access to full note click here:
Xpediator Plc, a leading provider of freight management services across the UK and Central and Eastern Europe, is pleased to announce its unaudited condensed interim results for the six months ended 30 June 2019.. ·Group turnover increased 29.8% to £102.4 m of which:. o Freight Forwarding revenue increased 17.4% to £76.7 m generating increased...
Xpediator Plc (XPD.L) Announced that Stuart Howard will be stepping down from the Board with immediate effect, in order to pursue other business interests. Richard Myson, the Group's previous Chief Financial Officer (CFO) and currently Head of Internal Audit, will resume the role of CFO on an interim basis until a permanent appointment is made. Also, Stephen Blyth will now continue as the Group's Chief Executive Officer and no longer move to become Executive Chairman as announced on 6 June 2019. Similarly, Alex Borrelli will remain as Non-Executive Chairman.
RNS Number: 4191 L Xpediator PLC 06 September 2019 The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations No. 596/ 2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.. Xpediator,, a leading provider of...
Xpediator Plc
XPD.L
Xpediator Plc
Bid
-
-
-
Ask
  • High
    -
  • OPEN
    -
  • VOL
    -
  • MKT CAP
    -m
  • LOW
    -
  • CLOSE
    -
  • AVG VOL
    -
  • SHARES IN ISSUE
    136.08M

Featured Media

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.

Classification

Market Indices-

Locations

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