Eddie Stobart grows eCommerce sales


Eddie Stobart enjoyed a significant uplift to its eCommerce sector revenues for the year to 30th November 2017 from its acquisition of iForce. The 3PL specialist had acquired iForce for £45m using £37m in cash from its AIM flotation plus 5 million ordinary shares in Eddie Stobart Logistics for a selling shareholder at iForce. The group’s eCommerce derived revenues for the year totalled £103 million, with overall group revenue reaching £618 million.

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