DX Group experiences second-half comeback in tough trading year


 

DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today. In the company’s preliminary results for the year ended 30 June 2016, DX Group CEO Petar Cvetkovic described a “challenging year”, which saw the operator hit by £92.1m of exceptional items, resulting in a pre-tax loss of £82.7m (2015: £24.8m profit). The exceptional items included a one-off goodwill impairment of £88.4m […]