Clipper Logistics (CLG) Issues Quarterly Earnings Results

Clipper Logistics (LON:CLG) posted its quarterly earnings results on Thursday, December 7th. The company reported GBX 6.30 ($0.08) EPS for the quarter, Bloomberg Earnings reports. Clipper Logistics had a net margin of 3.14% and a return on equity of 39.91%. The company had revenue of £199.69 million during the quarter.

Shares of Clipper Logistics (LON CLG) traded up GBX 1 ($0.01) on Friday, hitting GBX 440 ($5.88). 6,533 shares of the stock were exchanged, compared to its average volume of 21,597. The stock has a market cap of $441.27 and a P/E ratio of 3,384.62. Clipper Logistics has a 1-year low of GBX 328.24 ($4.39) and a 1-year high of GBX 458.78 ($6.13).

The company also recently disclosed a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 14th will be given a dividend of GBX 2.80 ($0.04) per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a yield of 0.67%.

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Clipper Logistics Company Profile

Clipper Logistics plc is engaged in providing value-added logistics solutions and e-fulfilment and returns management services to the retail sector. The Company operates through two segments: Value-added logistics services and Commercial vehicles. The Value-added logistics services segment provide three business activities, which include e-fulfilment and returns management services, non e-fulfilment logistics and central logistics overheads.

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