4th Dec 2018 10:52
LONDON (Alliance News) - Shares in DX Group PLC soared on Tuesday as the courier company said it expected to report progress when releasing its interim results.
DX Group shares were trading up 7.2% at 8.98 pence each on the back of the news.
In his annual general meeting statement, Chairman Ron Series said: "The group's turnaround continues to progress well, and trading in the first four months of the new financial year has been in line with management expectations.
"We remain on track with our turnaround plans, and expect to report on further progress at the time of our interim results."
He added that the firm is "encouraged" by its turnaround both operationally and with new business development.
Back in March, DX reported a pretax loss for the six months to December 31 of GBP14.1 million on revenue of GBP146.6 million.
Related Shares:
DX..L