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16 Jul 2015 07:00
16 July 2015
AIM: DX.
DX (Group) plc
("DX" or "the Company")
Trading Update
and
Appointment of Joint Broker
DX, the leading independent parcels, mail and logistics network operator, is pleased to announce an update on trading for the year ended 30 June 2015 and the appointment of Numis Securities as Joint Broker.
Against a challenging backdrop, the Group's performance in the second half of the financial year has been satisfactory, with cash generation remaining strong. Full year results are expected to be in line with current market expectations.
Results for the year are scheduled to be announced on 21 September 2015.
The appointment of Numis Securities as Joint Broker takes immediate effect.
Enquiries:
DX (Group) plc |
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Petar Cvetkovic, Chief Executive Officer |
| T: 01753 631624 |
Ian Pain, Chief Financial Officer |
| T: 01753 631508 |
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Zeus Capital (Nominated Advisor and Joint Broker) |
| T: 020 7533 7727 |
Nick How/ Dan Bate |
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John Goold/ Dominic King (institutional sales) |
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Numis Securities (Joint Broker) |
| T: 020 7260 1000 |
Rupert Krefting |
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Stuart Skinner |
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KTZ Communications |
| T: 020 3178 6378 |
Katie Tzouliadis |
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About DX
www.thedx.co.uk
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.
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