Trading Update

DX (Group)

RNS Number : 4933A
DX (Group) PLC
08 June 2016
 

8 June 2016

AIM: DX.

 

DX (Group) plc

("DX" or "the Company")

 

Trading Update

 

DX, the leading independent parcels, mail and logistics operator, is pleased to provide a trading update for the second half of the financial year to date. 

 

Trading to date in the second half of the financial year has been in line with management expectations, with customer renewals at the DX Exchange operations at anticipated levels. The Company therefore remains on course to meet management expectations for the financial year.

 

The Board is reviewing its options regarding the proposed new central hub in the West Midlands. These options include an appeal against the decision by the local authority planning hearing to decline DX's planning application, as announced on 18 May. 

 

Management continues to position the Group for longer term sustainable growth and the Board remains confident in the medium term outlook for the Group.

 

Enquiries:

 

DX (Group) plc



Bob Holt, Chairman


M: 07778 798816

Petar Cvetkovic, Chief Executive


T: 01753 631 624

Ian Pain, Chief Financial Officer






Zeus Capital (Nominated Advisor and Joint Broker)


T: 020 3829 5000

Nick How, Dominic King






Numis Securities (Joint Broker)


T: 020 7260 1314

Stuart Skinner, Toby Adcock






KTZ Communications


T: 020 3178 6378

Katie Tzouliadis, Viktoria Langley, Emma Pearson



 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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