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DX Group PLC Ord 1P (DX.)

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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
14-Jul-2017 07:28 AM

DX chief executive and FD step down in shake-up

DX chief executive Petar Cvetkovic and finance director Daljit Basi have stepped down as part of a reorganisation of the business to create two divisions: DX Express and DX Freight The independent parcels, mail and logistics operator, said it expected re
07-Jul-2017 07:18 AM

City of London police end DX probe

DX said it had been notified by the City of London Police Economic Crime Directorate that, after careful consideration of allegations made, the it would not be proceeding to a full investigation. The company said it co-operated with the City of London P
09-Jun-2017 07:17 AM

DX faces probe by City of London police

DX (Group) is under investigation by the City of London Police economic crime directorate following an allegation against the company. The company said this had resulted in the start of a preliminary investigation centred on the DX Exchange operations.
05-Jun-2017 08:11 AM

DX and John Menzies agree revised terms

DX and John Menzies have agreed revised terms for the proposed combination of DX and John Menzies' distribution division. A statement issued by the two groups said that under the revised terms, it was envisaged that DX would acquire Menzies Distrib
07-Apr-2017 02:12 PM

Gatemore withdraws GM request

DX (Group) has confirmed that Gatemore Capital Management has withdrawn its request for a general meeting, in connection with the potential combination of DX with John Menzies's Distribution Division. The Company provided the following background in
31-Mar-2017 07:30 AM

DX looks to possible merger with Menzies Distribution

DX (Group) and John Menzies are in talks regarding a potential combination of the former company and the latter's Menzies Distribution division. Directors at both companies believed the combination had strong strategic logic for all stakeholders and
31-Mar-2017 07:28 AM

DX adjusted pre-tax profits fall

Independent mail, parcels and logistics group DX's adjusted pre-tax profits fell to £0.6m in the six months to the end of December - down from £2.4m last time. Revenue rose to £142.7m (2015: £141.6m) but EBITDA fell to &
29-Mar-2017 09:09 AM

DX wins major new contract

Independent parcels, mail and logistics operator, DX (Group), has won a major contract worth in excess of £10m per annum with beauty company Avon UK. DX said the contract was awarded after a lengthy competitive tender process and was for an initi
 
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