DX launches investment programme as freight division drives continued growth


DX beat analyst forecasts to deliver strong annual trading results, with a statutory pre-tax profit of £10.6m on a £382.1m turnover. The group has also announced a £20m-£25m capital investment programme in the business over the next three years. For the year ending 3 July 2021, the parcel firm’s freight division primarily drove the increase, which marked the group’s first statutory annual profit since chief executive Lloyd Dunn and chairman Ron Series joined the business and enacted a turnaround plan. […]