AIM: DX
DX (Group) plc
("DX" or "the Company")
Trading Update
DX, the leading independent parcels, mail and logistics network operator, is pleased to announce an update on trading for the year to 30 June 2014.
Trading during the second half of the financial year, which traditionally accounts for a significant weighting of the year's trading profit, has been good and the Company is expected to report full year results in line with current market expectations.
Full year results are expected to be announced on 29 September 2014.
It is worth noting that results for the year ended 30 June 2014 will incorporate a period before DX's Admission to AIM on 27 February 2014, in which it was in private equity ownership with a significantly different capital structure.
Enquiries:
DX (Group) plc |
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Petar Cvetkovic, Chief Executive Officer |
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T: 01753 631624 |
Ian Pain, Chief Financial Officer |
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T: 01753 631508 |
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Zeus Capital (Nominated Advisor and Broker) |
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T: 020 7533 7727 |
Tim Metcalfe/ Dan Bate |
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John Goold/ Dominic King (institutional sales) |
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KTZ Communications |
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T: 020 3178 6378 |
Katie Tzouliadis/ Deborah Walter |
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About DX
Established in 1975 and based in Iver, Buckinghamshire, DX is a leading independent logistics and parcel distribution company. It operates throughout the UK and Ireland, delivering c. 170 million items a year. The company offers an unrivalled range of services, providing next day delivery services for mail, parcels and 2-Man deliveries to business and residential addresses. In particular, DX specialises in next day or scheduled delivery of time-sensitive, mission critical and high value items. Its customers are mainly commercial organisations but also include public sector companies and national and local governmental organisations.