Highlights
Financial highlights
Revenue£322.5m(2018: £299.5m) |
EBITDA£3.3m(2018: £(4.9)m) |
Adjusted LBT£(0.2)m(2018: £(11.8)m) |
Reported LBT£(1.7)m(2018: £(19.9)m) |
Adjusted LPS(0.2)p(2018: (5.1)p) |
Reported LPS(0.4)p(2018: (8.1)p) |
Net Debt£1.3m(2018: £1.1m) |
Cash Inflow/(Outflow) from Operating Activities£3.2m(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