DX Group’s pre-tax profit crashed 75% year-on-year in the six months ending 31 December 2016, it revealed today. The half-year results, released today, report adjusted pre-tax profit or £600,000, against £2.5m for the six months ended 31 December 2015. The group’s turnover increased by 0.7% to 142.7m. Last week the group’s largest shareholder, Gatemore Capital Management, called for the removal of DX chairman Bob Holt and non-executive director Paul Murray from the board. Managing partner Liad Meidar told Motortransport.co.uk said […]
Turnover and profit at Welch’s Transport continued their upward trend last year, despite the Cambridgeshire haulier contending with a relocation and the driver shortage.
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.