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2019 Highlights

Financial highlights



(2018: £299.5m)



(2018: £(4.9)m)

Adjusted LBT


(2018: £(11.8)m)

Reported LBT


(2018: £(19.9)m)

Adjusted LPS


(2018: (5.1)p)

Reported LPS


(2018: (8.1)p)

Net Debt


(2018: £1.1m)

Cash Inflow/(Outflow) from Operating Activities


(2018: £(12.0)m)


Operational highlights

  • > Structural  reorganisation into two divisions, DX Freight and DX Express underpinned operational improvements
  • > Devolution of accountability to general and regional managers has reinvigorated the business
  • > Revitalised sales and commercial teams delivered strong new business wins, underpinned by new commercially realistic pricing policies
  • > Focus on customer service levels and operational efficiency delivered gains
  • > DX Exchange annuity income attrition slowed to 5% (2018: 10%) following significant service improvements
  • > A three-year investment programme to upgrade IT, property and operational systems has commenced
  • > DX is well-positioned to make further progress over the new financial year