XPO Logistics resumed its growth trajectory in the final quarter of last year, as investments in technology and productivity began to bear fruit.
The operator reported a fourth-quarter adjusted ebitda of $432m, compared with $380m the previous year.
Group revenue for the quarter, however, was down to $4.14bn, after $4.39bn last year.
Full-year group revenue for 2019 declined to $16.65bn from $17.28bn in 2018, but annual adjusted ebitda, excluding “$49m of restructuring costs, …

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Source: The Loadstar