Eddie Stobart Logistics (ESL)

Business description

Eddie Stobart Logistics is a market leader in end-to-end, multi-modal transport and logistics. Operations are primarily focused in the UK with some activities in mainland Europe. Key customer segments include retail, consumer, industrials and, increasingly, e-commerce.

Stock data

Market cap.£529.7m
Last close148.00p
High / Low (52 weeks)163.5p / 137.5p
Stock market listingLN
Forecast net debt (£m)90.3
Forecast gearing ratio (%)42
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual(4.5)(6.3)N/A
Relative *1.4(5.3)N/A

* % Relative to local index

Other companies in sector Show

Company news

Eddie Stobart trucks back to the stock market with £550m Aim float

Thu, 23 Mar 2017 12:33:45 GMT

Eddie Stobart Logistics off to "steady Eddie" start on first day of listing on Aim

Tue, 25 Apr 2017 12:27:24 GMT

Interested In Transportation? Why Eddie Stobart Logistics plc (LON:ESL) May Be ...

Tue, 23 Jan 2018 17:37:30 GMT

William Stobart steps down from Eddie Stobart board

Fri, 07 Apr 2017 15:22:30 GMT

Stobart Group hikes dividend as profits surge after sale of Eddie Stobart stake

Thu, 19 Oct 2017 07:23:54 GMT

Y/E Nov Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 496.5 44.5 21.0 5.4 27.4 16.2
2016A 570.2 48.2 26.1 6.9 21.4 17.8
2017E 648.2 55.7 41.4 10.8 13.7 18.9
2018E 750.2 65.3 51.7 12.5 11.8 9.9

Last updated on 18/01/2018

Investment summary

Eddie Stobart Logistics’ (ESL) H1 numbers, well trailed at the trading update in July, showed high levels of growth (13% revenues and 14% EBIT) consistent with management guidance and market expectations. New contract wins, which totalled £25m in the first half, were bolstered by organic growth in key business units. Acquisitions (iForce and SpeedyFreight) continue to be integrated. Together, these drivers helped ESL achieve a slight increase in EBIT margin from 5.8% to 5.9%, well above other listed logistics firms. The company announced a maiden dividend of 1.4p in H117, and in November new contract wins/renewals were also announced, with players including Homebase, Britvic and Coca-Cola. Full-year results are expected on 20 February.

Last updated on 02/02/2018

Industry outlook

Eddie Stobart Logistics is a market leader in end-to-end, multi-modal transport and logistics. Operations are primarily focused in the UK, with some activities in mainland Europe. Key customer segments include retail, consumer, industrials and, increasingly, e-commerce.

Last updated on 02/02/2018

Key management

Alex Laffey, CEO
Damien Harte , FD

Company address

Stretton Green Distribution Park
Langford Way, Appleton
Warrington
WA4 4TQ
United Kingdom
01925 605400
View website