Analyst Consensus

Clipper Logistics plc (“Clipper”) is committed to providing the market with helpful and relevant information to make informed decisions. As part of this commitment, Clipper collects estimates from sell-side analysts who actively cover Clipper in order to produce a company-compiled consensus.

To ensure the market has access to accurate information, we may exclude estimates from analysts where specific events have not yet been reflected in their forecasts. Examples of such events include the publication of interim or full year results, new accounting standard or an M&A event.

The information on this page was last updated on 16 February 2021.

To aid comparability with prior years, the figures below are stated on an IAS 17 basis as well as on an IFRS 16 basis.


Year ending 30 April  2021  2022  2023
Revenue (£m)  659.5 718.7 809.5
EBIT* (IAS17 basis) 31.6 35.4 39.3
EBIT* (IFRS 16 basis) 40.2 44.1 47.6
Basic Earnings per share, net of amortisation (p) (IAS 17 basis) 21.2 25.1
Basic Earnings per share, net of amortisation (p) (IFRS 16 basis) 23.3 27.2 30.2
Dividends per share (p) 11.9 14.2 16.6
Net Debt (£m) (IAS 17 basis) 26.4 27.7 15.8
Net Debt (£m) (IFRS 16 basis) 186.7 184.5 172.6
Number of analysts forecasting**
Revenue (£m) 3 3 1
EBIT* (IAS17 basis) 2 2 1
EBIT* (IFRS 16 basis) 2 2 1
Basic Earnings per share, net of amortisation (p) (IAS 17 basis) 1 1 0
Basic Earnings per share, net of amortisation (p) (IFRS 16 basis) 2 2 1
Dividends per share (p) 3 3 1
Net Debt (£m) (IAS 17 basis) 3 3 1
Net Debt (£m) (IFRS 16 basis) 1 1 1

* EBIT is stated prior to the amortisation of intangible assets.

**Included in consensus data above:
Shore Capital – last updated 3 December 2020
Numis – last updated 3 December 2020
N+1 Singer – last updated 3 December 2020

Consensus information – disclaimer: 

The consensus figures are not based on, nor do they represent, Clipper’s own opinions, estimates or forecasts and are compiled and published without comment from, or endorsement or verification by Clipper. The forecasts on which the consensus figures are based are the responsibility of each participating analyst alone.

By providing consensus figures, Clipper does not endorse, confirm or express a view on the consensus figures or any underlying analyst’s estimates. The consensus figures are provided for informational purposes only and are not intended to, nor do they, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by Clipper or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of those matters. Clipper assumes no obligation to update, revise or supplement the consensus figures to reflect circumstances existing after the date hereof.

Clipper does not accept any liability whatsoever for reliance upon, or actions taken based on, any of the information set out in these consensus figures. The consensus figures are forward-looking and as such are speculative and rely on assumptions and events in the future (some or all of which may not be satisfied or may not occur).

The consensus figures do not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Before making an investment decision, a prospective investor should consider its particular investment needs, objectives and financial circumstances, and should seek appropriate professional advice, tailored to the investor’s circumstances. Any investment in securities is subject to investment risks.