DX Group profits from turnaround plan


 

A turnaround plan at DX (Group) is beginning to bear fruit after its latest financial results showed a 7.7% increase in revenue to £322.5m. The parcel delivery company reported a £1.7m pre-tax loss for the year ending 30 June 2019, but this was a substantial improvement on last year’s £19.9m loss. It also reported an underlying operating profit of £0.2m – its first since 2017 – and marks an £11.1m improvement compared to 2018’s £10.9m loss. It said the recovery […]