Eddie Stobart Logistics

LN: ESL

£269.3m market cap

71p last close

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.

Investment summary

For the purposes of the Takeover Code, Edison Investment Research is deemed to be connected with Eddie Stobart Logistics plc. Under Rule 20.1 Edison must not include any profit forecast, quantified financial benefits statement, asset valuation or estimate of other figures key to the offer, except to the extent that such forecasts, statements, valuations or estimates have been published prior to the offer period (as defined in the Takeover Code) by an offeror or the offeree company (as appropriate) in accordance with the requirements of the Code.

Consequently we have removed our estimates until the Offer Period ends.

Y/E Nov
Revenue (£m)
EBITDA (£m)
PBT (£m)
EPS (p)
P/E (x)
P/CF (x)
2017A 623.9 55.3 37.8 9.8 7.2 7.7
2018A 843.1 62.9 49.2 11.3 6.3 32.6
2019E N/A N/A N/A N/A N/A N/A
2020E N/A N/A N/A N/A N/A N/A
Last updated on 22/08/2019
Industry outlook

ESL shares are temporarily suspended on AIM, effective 23 August. The ongoing review will result in a delay to the publication of the group’s interim results; it is now anticipated that they will be published in early September.

Last updated on 22/08/2019
Sector
Industrials
Share price graph
Balance sheet
Forecast net debt (£m) N/A
Forecast gearing ratio (%) N/A
Price performance
%
1m
3m
12m
Actual (9.0) (17.9) (46.8)
Relative* (4.6) (15.8) (43.4)
52-week high/low 135.0p/67.5p
*% relative to local index
Key management
Alex Laffey CEO
Anoop Kang CFO