DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017. The group issued a profit warning about the year’s results in February, and its CEO Petar Cvetkovic stepped down in June after an “exceptionally difficult year”. Though DX Group did see a 1% growth in turnover to £292m, the embattled company has now lost north of £160m in the last two years. The majority of the the pre-tax loss consists of an exceptional […]
A strategy to double the size of contract hire and leasing firm Asset Alliance proved irresistible to ex-Axis MD David Potter, who has joined as commercial development director.
DX Group has revealed the details of its expanded Ikea contract, alluded to in its half year results in March.
Steve Porter Transport Group has recruited Condor Logistics’ business development manager to oversee its strategic partnership with Meachers Global Logistics. Julian Pedler has joined the partnership in a role that is jointly funded by Steve Porter Transport and Meachers, with an eye to developing other off-shore markets such as the Channel Islands. The partnership itself was revealed in October, and sees the Isle of Wight haulier co-operating with Southampton’s Meachers on the delivery of inbound and outbound freight the island […]