DX Group

Management Reports • Oct 14, 2024

National Storage Mechanism | Additional information

RNS Number : 9604H

DX (Group)

14 October 2024

DX Group

("DX" or "the Group")

New depot opening in Maidstone

DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-person and logistics services, is pleased to announce the opening of a new depot in Maidstone, Kent. This depot is part of the continuing expansion of the Group's Parcels business, which operates within the DX Express division, and offers highly secure, tracked deliveries to businesses and consumers. 

The new depot provides additional capacity for the Group's Parcels network in the South-East. Located on a 1.3 acre site on St Michaels Close, Aylesford, it has excellent transport links, with easy access to both the M2 and M20 motorways. The depot's opening will reduce stem mileage, carbon emissions, improve operational efficiencies and enhance customer service levels, a key focus for the Group.

This latest opening takes the total number of depots in the DX Express network to 42, with eight being opened in 2023. This forms part of the ongoing capital investment programme in the business, which underpins management's plans to continue driving the Group's growth and development.

Paul Ibbetson, Chief Executive Officer of DX Group, commented:

"We are pleased to add this new depot in Maidstone to our DX Express division as part of our continued investment in the business. The new depot will enhance our position in the South East, increasing the capacity and capability of our Parcels operation. It will deliver further efficiencies to our operations and provide local customer service benefits a priority for the Group.  It will also lower carbon emissions by reducing stem mileage.

"We look forward to integrating this new depot into our existing network and continually improving the service offering that we provide to our customers."

Enquiries:

DX Group		T: 020 3178 6378 (c/o KTZ Communications)
Paul Ibbetson, Chief Executive Officer
Will Wright, Chief Financial Officer
KTZ Communications		T: 020 3178 6378
Katie Tzouliadis/Robert Morton

About DX Group:

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. First established in 1975 as a Document Exchange service to the legal sector, DX now provides one of the widest ranges of overnight delivery services in the market, as well as logistics services. Items that DX transports range from confidential documents and valuable packages to large, awkward-to-handle freight, unsuitable for automated conveyor.

The Group operates through two divisions, DX Freight and DX Express.

·    DX Freight comprises DX-1, DX-2 and Logistics, with the Division being only one of a small number of operators that provides an overnight delivery service for irregular dimension and weight freight ("IDW").

·    DX Express comprises DX Parcels and DX Exchange and Mail, with the Division specialising in the express delivery, including pre-9am, of parcels and documents.

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