29 Mar 2017 07:00
29 March 2017
AIM: DX.
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DX (Group) plc
("DX" or "the Company")
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Major New Contract Win
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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.
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Avon will benefit from DX's integrated capability, which will provide for an enhanced customer service experience.
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Petar Cvetkovic, Chief Executive Officer of DX said:
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"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."
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Enquiries:
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DX (Group) plc | Â | Â |
Bob Holt, Chairman | Â | M: 07778 798816 |
Petar Cvetkovic, Chief Executive | Â | T: 0333 2411 624 |
Daljit Basi, Finance Director | Â | Â |
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Zeus Capital (Nominated Advisor and Joint Broker) | Â | T: 020 3829 5000 |
Nick How, Dominic King | Â | Â |
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Numis Securities (Joint Broker) | Â | T: 020 7260 1314 |
Stuart Skinner, Toby Adcock | Â | Â |
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KTZ Communications | Â | T: 020 3178 6378 |
Katie Tzouliadis, Emma Pearson | Â | Â |
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