Xpediator sales news delivers share price rise

AIM-listed freight management services provider Xpediator (LON:XPD) announced a 54% increase in revenues for the year ended 31st December. The company said that this was generated through a broad customer base with no one client responsible for more than 2% of its income.

CEO Stephen Blyth said that: “The business is performing well, growing both organically and through acquisition. We are continuing to invest across the Group to ensure we have the platforms and resources capable of delivering future growth and ensuring we remain well placed to maximise the opportunities that are increasingly available“.

Shares in Xpediator shot upwards by 12.61% 51.80p (as of 14:30 GMT).