DX sees return to positive earnings as turnaround bears fruit
4th Feb 2019 10:24
(Sharecast News) - DX said on Monday that it expects to return to positive earnings for the financial year as it continues to make "encouraging progress" with its turnaround.
Read moreDX Group jubilant as turnaround plan delivers narrowed loss
2nd Oct 2018 09:36
(Sharecast News) - Delivery firm DX Group saw its shares jump on Tuesday after losses narrowed more than expected thanks to a turnaround plan.
Read moreDX Group crashes on warning of 'significantly' lower profits
7th Feb 2017 12:23
(ShareCast News) - Shares in DX Group tanked on Tuesday as the parcel delivery company warned profit for the 2017 financial year will be "significantly" below expectations and ruled out paying dividends for the foreseeable future due to continuing "challenging" trading conditions. The company said t
Read moreDX Group retains Home Office contract to provide secure deliveries
22nd Nov 2016 12:32
(ShareCast News) - Shares in DX Group rose after the parcel delivery company announced it had retained their contract with the Home Office for secure delivery services. Following a tender process, the AIM-listed company was awarded a contract to provide secure delivery services to HM Passport Office
Read moreCMA lifts enforcement order from DX Group
16th Sep 2016 10:03
(ShareCast News) - Independent parcels, mail and logistics operator DX updated the market on Friday, on the Competition and Markets Authority's review of its acquisition of the trade and assets of The Legal Post (Scotland) Limited and First Post Limited. The AIM-traded firm had announced the review
Read moreCMA orders DX to halt combination with Legal Post and First Post
5th Jul 2016 14:17
(ShareCast News) - DX Group found itself on the receiving end of an order from the Competition and Markets Authority order on Tuesday, as the authority said it has reason to believe its acquisition of Legal Post and First Post in May could be hindering competition. The AIM-traded DX Group acquired L
Read moreRoyal Mail gets mixed bag from Ofcom postal regulation report
25th May 2016 07:38
(ShareCast News) - Concluding its review of the regulation of Royal Mail, the postal regulator has decided not to impose any new price controls on the company's wholesale or retail products but it kept the cap on stamp prices and proposed tightening some rules in the 'access' market. Furthermore, Of
Read moreDX Group hub planning application rejected
18th May 2016 12:37
(ShareCast News) - DX Group said on Wednesday that it is now considering its options after its planning application for a new central hub in the West Midlands was not approved. "The board of DX will now consider its options, including an appeal against the decision, in consultation with its planning
Read moreDX Group posts statutory loss after major goodwill impairment
29th Feb 2016 13:10
(ShareCast News) - Underlying profits crashed 87% at DX Group, the mail and logistics company, in the first half of the year, while a major write-down of goodwill sent it into a large paper loss. Although management had largeley forwarned investors in November that fierce industry competition was we
Read moreDX Group satisfied with first half performance, expects to meet annual targets
16th Jul 2015 12:00
(ShareCast News) - Logistics network operator DX Group described its performance in the second half of its financial year as satisfactory. In a short statement released on Thursday, the group said that despite challenging market conditions, its performance in the second six months of the year had re
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