ArrowXL returns to profit aided by shift to e-commerce during pandemic

 

Two-person delivery and installation specialist ArrowXL has returned to the black after two years of losses, boosted by soaring online demand for garden, home office and gym equipment and a major shift to e-commerce during the Covid-19 pandemic lockdowns.

Reporting its results for the 53-week period to 30 June 2021, the company, which is part of the Logistics Group and a sister firm to Yodel, revealed that its revenue rose in the period to GBP114.9m (2020: GBP90.3m).

Pre-tax profit also [...]

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