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 […]
DX Group has launched DX Parcel Exchange, which will allow customers to collect parcels from InPost and Doddle locations across the UK.
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post has been given the green light, after the UK competition authority closed its investigation into the deal.
DX Group is to take a close to £2m profit hit after an accounting error relating to the treatment of a leasehold property.