DX (Group) soars on strong FY results

DX (Group)

15/11/2022 16:34

** Shares of British mail, courier and logistics co DX
(Group)  DXDX.L  up 13.2% at 28.3p 
    ** DXDX's FY revenue and adjusted pretax profit reach
seven-year high
    ** Says FY profit before tax rose 64% to 17.4 mln pounds
($20.7 mln)  urn:newsml:reuters.com:*:nL8N32B1YO
    ** Posts FY revenue of 428.2 mln pounds, up from 382.1 mln
pounds reported a year ago, driven by strong performance at DX
Freight and improvement at DX Express
    ** Also appoints Mark Hammond to board as executive chairman
 urn:newsml:reuters.com:*:nTUC8BXLN6
    ** Including session gains, stock has fallen ~6% YTD 
($1 = 0.8396 pounds)
 (Reporting by Amna Karimi in Bengaluru)
 ((Amna.Karimi@thomsonreuters.com; +91 8083261226;))