The Xpediator Model
Click the wheel to learn about the fundamental principles behind Xpediator’s business model.
- Our Freight management and transportation services are in greater demand than ever before.
- Led by a strong committed and experienced management team, Xpediator is able to take advantage of the current market trends across the UK, Europe and the fast growing CEE markets.
- With over 10,500 customers, Xpediator has a highly diversified customer base and not one customer generates more than 2% of Group turnover.
- Utilising its asset-light, scalability and risk adjusted business model, the Company has grown rapidly through a mix of acquisition-led and organic growth, particularly in its Baltic and Balkan divisions.
- For shareholders, the Board is focused on generating attractive returns through a mix of capital and dividend income growth.
At a glance
With revenues increasing to £221.2 million, which is up by 3.7% on the prior year, we delivered adjusted profit before tax substantially ahead of last year at £7.2 million, up by 38.5%. The Group’s asset light business model proved to be very resilient during 2020 and there are strong signs of further growth being delivered in 2021. Strategically, Xpediator remains focused on establishing its network of freight management companies across the UK and Europe with a particular expertise in the fast growing Central and Eastern European (“CEE”) regions. Recognising the market opportunity, the Group is seeking to exploit the growth across the CEE regions. In terms of Brexit, following the United Kingdom’s exit from the European Union, the demands for custom clearance services have increased, and the Group expects additional revenue streams from this, with further profit generation as volumes increase. Importantly, the Company continues to have a good pipeline of acquisition opportunities which meet the criteria of enhancing the Group’s geographical capabilities, developing our existing operational locations and extending the Group’s international presence in air and sea transportation. Overall, the Group is in a strong position.
Whilst Covid-19 continues to challenge us and market conditions remain competitive, we are focused on delivering exceptional customer service. Demand for our freight management services, logistics and transport solutions and services remains high and following a strong 2020 final quarter. Demand for freight management in the UK and CEE countries was extremely buoyant during the year. Whilst volumes reduced during March and April 2020 because of a number of stay-at-home policies throughout Europe, Covid-19 has led to changes in consumer trends that have driven economic growth within our core markets.
£ 221.2 million
£ 213.2 million
£ 7.2 million
£ 5.2 million