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Major New Contract Win

29 Mar 2017 07:00

RNS Number : 8046A
DX (Group) PLC
29 March 2017
 

29 March 2017

AIM: DX.

 

DX (Group) plc

("DX" or "the Company")

 

Major New Contract Win

 

DX, the independent parcels, mail and logistics operator, is delighted to announce that it has won a major contract worth in excess of £10m per annum providing bespoke logistic services for Avon UK, the leading beauty company. The contract, which is now underway, was awarded after a lengthy competitive tender process and is for an initial 3-year term. The win underpins management's existing expectations of the Company's performance in the current financial year.

 

Avon will benefit from DX's integrated capability, which will provide for an enhanced customer service experience.

 

Petar Cvetkovic, Chief Executive Officer of DX said:

 

"We are pleased to have secured this major new contract with Avon UK. The bespoke logistics solution we have designed for Avon reflects our customer-centric approach and highlights the 'OneDX' capability. Our services are now underway and should provide for more efficient and flexible deliveries and ultimately an improved customer experience."

 

 

Enquiries:

 

DX (Group) plc

 

 

Bob Holt, Chairman

 

M: 07778 798816

Petar Cvetkovic, Chief Executive

 

T: 0333 2411 624

Daljit Basi, Finance Director

 

 

 

 

 

Zeus Capital (Nominated Advisor and Joint Broker)

 

T: 020 3829 5000

Nick How, Dominic King

 

 

 

 

 

Numis Securities (Joint Broker)

 

T: 020 7260 1314

Stuart Skinner, Toby Adcock

 

 

 

 

 

KTZ Communications

 

T: 020 3178 6378

Katie Tzouliadis, Emma Pearson

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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19th Jan 20249:34 amRNSForm 8.5 (EPT/RI)
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10th Jan 202412:46 pmPRNForm 8.3 - DX (Group) Plc
10th Jan 20249:37 amRNSForm 8.5 (EPT/RI)
9th Jan 202412:40 pmRNSResults of Court Meeting and General Meeting
9th Jan 202412:24 pmPRNForm 8.3 - DX (Group) Plc
9th Jan 20249:29 amRNSForm 8.5 (EPT/RI)
8th Jan 20242:08 pmRNSForm 8.3 - DX (Group) plc
8th Jan 20241:37 pmRNSForm 8.3 - DX (Group) plc
8th Jan 20241:18 pmRNSForm 8.3 - DX (Group) Plc
8th Jan 20249:39 amRNSForm 8.5 (EPT/RI)

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