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DX Says Full-Year Trading In Line As Chief Financial Officer To Leave

14th Jul 2016 08:24

LONDON (Alliance News) - Parcels, mail and logistics company DX Group PLC on Thursday said trading for the year to the end of June met its expectations and said its finance chief is to step down.

DX said trading in the second half to the end of June was "satisfactory", leaving the outcome for the full year in line with expectations.

The group added that Ian Pain, its chief financial officer, is to leave the company to "pursue new opportunities". The process of identifying a replacement is underway, and DX said Pain will remain with the group to conduct a handover before his departure.

Shares in DX were up 4.4% to 17.48 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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