DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m. Releasing its results for the year to 30 June 2018, the company made a loss after exceptional items of £19.9m compared with a loss of £82.3m in the same period a year ago. Turnover was up slightly at £299.5m (£2017: £291.9m). As confirmed in a trading statement in July, the company’s debt position was better than previously anticipated following a […]
The government should stimulate the economy by creating a quantitative easing programme for people rather than banks, according to Clugston Group CEO Stephen Martin.
Whistl saw its pre-tax profit crash by more than 400% last year after ending its foray into the final mile delivery market, but predicts it will have recovered by the end of 2016.
The DX Group and John Menzies Distribution merger could be sealed this summer after both boards approved a revised offer that satisfies objections from a major shareholder.