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Logistics Development Group ( (GB:LDG) ) has issued an update.
Logistics Development Group said its portfolio company WS Holdco has acquired EV Cargo Solutions and Distribution, the UK managed transportation and contract logistics arm of EV Cargo, leaving LDG with a 50.7% interest in WS Holdco. The deal significantly expands WS Holdco’s scale and capabilities in road logistics, warehousing and fulfilment, creating a group expected to generate annual revenues of well over £300 million and strengthening its position as a leading integrated logistics provider.
The acquisition brings a roster of long-standing blue-chip customer contracts across multiple sectors and will be integrated with existing operations such as The Alternative Parcels Company, William Stobart & Son, WS Digital Freight and WS People Providers. By combining operational expertise, digital capabilities and an enlarged customer base, the group aims to unlock cross-selling opportunities, drive efficiencies and accelerate organic growth, enhancing LDG’s exposure to a scaled, technology-led logistics platform in key UK markets.
The most recent analyst rating on (GB:LDG) stock is a Hold with a £15.00 price target. To see the full list of analyst forecasts on Logistics Development Group stock, see the GB:LDG Stock Forecast page.
Spark’s Take on LDG Stock
According to Spark, TipRanks’ AI Analyst, LDG is a Neutral.
The score is held back primarily by weak and inconsistent operating results and persistently negative cash flow, even when reported earnings are positive. Technicals also indicate a downtrend with soft momentum. A very low P/E provides some offset, and the debt-free balance sheet reduces financial risk.
To see Spark’s full report on LDG stock, click here.
More about Logistics Development Group
Logistics Development Group is an investment company focused on the logistics sector, holding stakes in businesses that provide transportation, warehousing, fulfilment and parcel delivery services. Its portfolio includes interests that target managed transportation, contract logistics and technology-enabled logistics platforms with national reach.
Average Trading Volume: 361,900
Technical Sentiment Signal: Buy
Current Market Cap: £60.7M
Learn more about LDG stock on TipRanks’ Stock Analysis page.