In a positive year end update, DX has confirmed that the Group has continued to trade well, with strong ongoing momentum at DX Freight, ahead of management expectations, and good progress at DX Express. The Board now expects that DX will significantly exceed existing market forecasts and we have upgraded FY 2021 EPS by 19%, FY 2022 EPS by 20% and July 2021 net cash from £11.3m to £16.8m. Both divisions have secured good levels of new customer wins and increased volumes from existing customers. T ....
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DX - Profits and cash significantly ahead
- Published:
19 Jul 2021 -
Author:
Guy Hewett -
Pages:
4
In a positive year end update, DX has confirmed that the Group has continued to trade well, with strong ongoing momentum at DX Freight, ahead of management expectations, and good progress at DX Express. The Board now expects that DX will significantly exceed existing market forecasts and we have upgraded FY 2021 EPS by 19%, FY 2022 EPS by 20% and July 2021 net cash from £11.3m to £16.8m. Both divisions have secured good levels of new customer wins and increased volumes from existing customers. T ....