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IN BRIEF: DX Group To Beat Expectations As Trading Ahead Of Year Prior

26th Nov 2020 13:27

DX Group PLC - Slough-headquartered courier - Says trading since the end of its financial year to June 27 has been ahead of the year prior, adding there has been no negative impact from the second lockdown in the UK.

States it expects to perform materially better than current market expectations on the back of better-than-anticipated volumes and improved margins in the DX Freight unit.

"The group remains in a strong financial position, with high levels of liquidity and significant headroom within its invoice discounting facility," it adds.

Current stock price: 24.50 pence

Year-to-date change: up 81%

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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