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DX opens new depot in Plymouth

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RNS Number : 2754J  DX (Group) PLC  12 December 2022

12 December 2022

 

DX (Group) plc
("DX" or "the Group")

 

DX opens new depot in Plymouth -

fourth of eight planned for the current financial year

DX, a leading provider of delivery solutions, including parcel freight, secure
courier, 2-Man and logistics services, is pleased to announce the opening of a
new depot in Plymouth, the fourth of eight depots currently expected to be
opened by summer 2023.

 

The new depot will be predominantly dedicated to the Group's Parcels activity,
supporting the continuing growth of the DX Express division. Expansion of
parcel delivery services for SMEs and large national customers is a major
focus for DX Express. Over the last financial year ended 2 July 2022, Parcels
revenue grew by 14% and the Group's emphasis on strong localised customer
service is a key differentiator as it accelerates growth of its Parcels
service. This is underpinned by a strong local presence, which enables
colleagues to provide customers with a highly responsive, flexible and more
personal service.

 

The new Express depot is located on the Language One industrial estate in
Plymouth, and will serve the Plymouth and Truro areas. DX Express previously
shared premises in Plymouth with the Group's Freight division, and the
transition to a standalone facility enables both divisions to expand their
operations in the area and further enhance service levels.

 

The opening of this new dedicated facility marks another step forward for DX's
growth plans. The Group is currently in the second year of a £20-£25 million
investment programme, designed to support the long-term growth of its two
divisions, DX Express and DX Freight. Alongside investment in expanding and
upgrading its delivery networks, DX is investing in new vehicles, including
electric vans, equipment and new technology.

 

Mark Hammond, Executive Chairman of DX (Group) plc, commented:

 

"Opening this new depot in Plymouth marks another step forward in our growth
plans for the Group. It is the fourth of eight new depots we currently expect
to open by next summer. The facility will mainly serve DX's Parcels operation
in the area, which previously shared a site with the Group's Freight
activities. It creates additional capacity for both operations.

"We see very good growth opportunities for Parcels, where our service-driven,
locally-based proposition is a strong differentiator and we have a clear focus
on those market segments we wish to address."

 

Enquiries:

 

 DX (Group) plc                    T: 020 3178 6378 (c/o
 Mark Hammond, Executive Chairman  KTZ Communications)
 Beverley Weston, Marketing and Communications Manager
 KTZ Communications                T: 020 3178 6378
 Katie Tzouliadis / Dan Mahoney

 

About DX (Group) plc www.dxdelivery.com (http://www.dxdelivery.com/)

DX is a well-established provider of a wide range of delivery services to both
business and residential addresses across the UK and Ireland. Established in
1975 as a Document Exchange service to the legal sector, DX now provides one
of the widest ranges of overnight delivery services in the market, as well as
comprehensive logistics services. The business transports items ranging from
confidential documents to large, awkward-to-handle freight that is unsuitable
for standard conveyors.

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