Clipper boosted by click and collect demand
Written by Hannah McGrath
Delivery provider Clipper Logistics saw its business grow by 14.1 per cent in the six months to October as consumer demand grew for click and collect services.
The firm, which has signed e-fulfilment and returns contracts with Asda, Sports Direct and Halfords in the last six months, also posted a 16.9 per cent increase in pre-tax profits to £9.3 million over the period.
The company signed a new e-fulfulment operation for e-commerce fashion site Pretty Little Thing in July and has deals in the pipeline with online fashion giant ASOS.
Clipper, which was founded in 1992 and listed in 2014, has seen increased demand for its warehouse-to-store solutions, as shoppers move their spending online. Its website claims to operate a turnover of £340 million, with 300 delivery vehicles and 9.2 million square ft of warehousing space across 46 sites in the UK.
The interim statement said that it had rolled out a number of automation projects in a bid to improve efficiencies and delivered a record number of packages over the Black Friday to Cyber Monday sales weekend.
Steve Parkin, executive chairman of Clipper, said: “The group continues to be exceptionally well-placed to benefit from the continuing migration to online retailing and the increasing propensity for consumers to choose click-and-collect services when placing orders online.”