DX Group

Management Reports • Jul 16, 2015

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RNS Number : 1722T

DX (Group) PLC

16 July 2015

16 July 2015

AIM: DX.

DX (Group) plc

("DX" or "the Company")

Trading Update

and

Appointment of Joint Broker

DX, the leading independent parcels, mail and logistics network operator, is pleased to announce an update on trading for the year ended 30 June 2015 and the appointment of Numis Securities as Joint Broker.

Against a challenging backdrop, the Group's performance in the second half of the financial year has been satisfactory, with cash generation remaining strong. Full year results are expected to be in line with current market expectations. 

Results for the year are scheduled to be announced on 21 September 2015.

The appointment of Numis Securities as Joint Broker takes immediate effect.

Enquiries:

DX (Group) plc
Petar Cvetkovic, Chief Executive Officer		T: 01753 631624
Ian Pain, Chief Financial Officer		T: 01753 631508
Zeus Capital (Nominated Advisor and Joint Broker)		T: 020 7533 7727
Nick How/ Dan Bate
John Goold/ Dominic King (institutional sales)
Numis Securities (Joint Broker)		T: 020 7260 1000
Rupert Krefting
Stuart Skinner
KTZ Communications		T: 020 3178 6378
Katie Tzouliadis

About DX

www.thedx.co.uk

Established in 1975 and based in Iver, Buckinghamshire, DX is a leading independent logistics and parcel distribution company. It operates throughout the UK and Ireland, delivering c. 170 million items a year. The company offers an unrivalled range of services, providing next day delivery services for mail, parcels and 2-Man deliveries to business and residential addresses. In particular, DX specialises in next day or scheduled delivery of time-sensitive, mission critical and high value items. Its customers are mainly commercial organisations but also include public sector companies and national and local governmental organisations. 

This information is provided by RNS

The company news service from the London Stock Exchange

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