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DX Group PLC Ord 1P (DX.)

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13-May-2021 09:00 AM

DX upgrades outlook on profit as freight business outperforms amid new business wins

Delivery solutions provider DX upgraded its outlook on profit after performance since its interim results on 2 March 2021 had been stronger than expected. The company anticipated that DX would 'significantly exceed' existing market expectatio
01-Feb-2021 08:02 AM

DX upgrades outlook on profit amid ongoing momentum

Logistics company DX upgraded its outlook on profit after reporting that volumes continued to track 'materially' ahead of expectations until Christmas, though margins had eased following the December lockdown. The company said it now anticip
26-Nov-2020 09:51 AM

DX upgrades outlook as momentum continues

Delivery solutions company DX said it was on track to perform 'materially' better than current market expectations as strong momentum had continued. The company reported that volumes were better than expected in its new fiscal year and margins
17-Sep-2020 09:45 AM

DX swings to annual profit on improved freight division performance

Logistics services group DX swung to a first-half profit as performance improvement at its freight division contributed to the turnaround. For the year ended 27 June 2020, pre-tax profit was £0.3m compared with a loss of £4.7m on-year as rev
14-Jul-2020 08:33 AM

DX expects annual performance to meet market expectations amid ongoing momentum

Delivery solutions provider DX said it expected annual performance to meet market forecasts as revenue was just 3% below forecasts provided in May. The company said it expected that revenue and adjusted earnings before interest, taxes, depreciation, an
01-Jul-2020 09:00 AM

Broker Forecast - Liberum Capital issues a broker note on DX Group Plc

Liberum Capital today reaffirms its buy investment rating on DX Group Plc (LON:DX.) and raised its price target to 30p (from 14p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-May-2020 09:17 AM

DX Group upgrades outlook on profit as performance steadies

Logistics company DX Group upgraded its outlook on performance and said it expected to turn a small profit in the second half of the year as performance since mid-April had recovered more quickly than anticipated. Revenue was still 10%-to-15% below the
16-Apr-2020 11:30 AM

Broker Forecast - Liberum Capital issues a broker note on DX Group Plc

Liberum Capital today reaffirms its buy investment rating on DX Group Plc (LON:DX.) and cut its price target to 14p (from 16p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Mar-2020 09:00 AM

Broker Forecast - Liberum Capital issues a broker note on DX Group Plc

Liberum Capital today initiates coverage of DX Group Plc (LON:DX.) with a buy investment rating and price target of 16p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Feb-2020 08:01 AM

DX touts 'material' improvement in performance amid turnaround in freight business

Freight group DX said it expected to report a 'material' improvement first-half improvement, led by an ongoing turnaround in its freight division. Trading over the first six months of the financial year had been 'encouraging, with DX'
24-Sep-2019 07:18 AM

DX Group sees turnaround strategy show results with improved cash flow

DX Group saw losses slashed from £19.9m down to £1.7m before tax, with cash flow improving from an outflow of £12m to a cash inflow of £3.2m in its preliminary results ending 30 June 2019. Revenue saw an increase from £299.5
23-Jul-2019 09:20 AM

DX expects to return to the black as sales grow 8%

Logistics company DX said it expected to return to the black amid an 8% rise in sales. In a trading update, the company said its Ebitda for the year through June was expected to come in at £3.2m, turning around an Ebitda loss of £4.9m on-year
28-May-2019 08:57 AM

DX set to lose HMPO delivery contract after bid to renew falls short

Delivery solutions provider DX said it had failed in its efforts to renew its delivery contract with HMPO. The company's contract with HMPO was now expected to expire in January 2020, after a transition period. Importantly, financial results for
05-Mar-2019 07:13 AM

DX Group meets its expectations as losses narrow on turnaround initiatives

DX Group on Tuesday posted narrower losses as its turnaround initiatives bolstered performance. In the six months ended 31 December, reported losses before tax rose narrowed to £5.3m from £14.1m a year earlier, and group revenues rose 7% to
04-Feb-2019 08:07 AM

DX on track to meet its expectations as turnaround plans show progress

Delivery solutions company DX said Monday it was in a 'good position' to drive further improvements and remained on track to return to positive earnings for the financial year as its turnaround plans showed progress. The turnaround initiatives
18-Jul-2018 09:49 AM

DX turnaround plans take shape amid in-line performance in H2

Delivery solutions provider DX said performance of both its DX Freight and DX Express divisions was in line with management expectations in the second half. This comes as the company's efforts to improve performance at its DX Freight divisions -- a
29-Mar-2018 09:36 AM

DX group to raise £4m for turnaround plan after reporting pretax loss

DX group said Thursday it plans to raise about £4m pounds to support an ongoing turnaround plan after reporting an interim pre-tax loss of £14.1m amid 'severe underperformance' in its freight division. 'Having conducted a deta
29-Mar-2018 08:40 AM

Broker Forecast - finnCap issues a broker note on DX Group Plc

finnCap today initiates coverage of DX Group Plc (LON:DX.) with a corporate investment rating and price target of 18p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
15-Dec-2017 01:51 PM

All resolutions passed at GM of DX

DX (Group) has confirmed that all resolutions were passed by shareholders at today's General Meeting. At 1:51pm: (LON:DX.) DX Group Plc share price was -0.05p at 8.55p Story provided by StockMarketWire.com...
08-Dec-2017 01:05 PM

All resolutions passed at AGM of DX

DX Group has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:05pm: (LON:DX.) DX Group Plc share price was +0.16p at 8.78p Story provided by StockMarketWire.com...
20-Oct-2017 07:28 AM

DX earnings tumble after challenging year

DX (Group)'s earnings fell to £7.2m in the year to the end of June - down from £18.0m last time. Revenues of £291.9m were up from £287.9m in 2016 but adjusted profit before tax and exceptional items was nil (2016: £11
09-Oct-2017 07:17 AM

DX agrees £24m fundraising

DX has reached agreement on legally binding heads of terms for a £24.0m fundraising. It said the fundraising was time critical to address the short term cash position of the company which had become weak reflecting the previously announced challeng
28-Sep-2017 07:37 AM

DX wins major new contract with IKEA

DX has agreed a major new contract with IKEA to provide a bespoke logistics solution for customer deliveries. DX said the contract was for an initial three years and took the total value of contracted logistics work for IKEA to approximately £19m
22-Sep-2017 07:53 AM

DX agrees sale and leaseback and $2m loan

DX has exchanged contracts with ChanceryGate (Livingston) to sell and leaseback certain freehold properties for an aggregate cash consideration of £4.5m. At the same time, the company has entered into an unsecured loan agreement with GCM Partner
14-Aug-2017 07:23 AM

DX and John Menzies terminate talks

Talks over the potential combination of DX and the distribution division of John Menzies have been terminated. A statement said that while the respective boards believed that the proposed combination had strong strategic logic for all stakeholders, the
 
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