RCS - DX (Group) PLC - Ex-Tuffnells depot in Stafford reopened

DX (Group)Announcement

30/10/2023 07:15

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RNS Number : 6202R  DX (Group) PLC  30 October 2023

AIM: DX.

DX (Group) plc

("DX" or "the Group")

 

New depot opening in Stafford

 

DX, a leading provider of delivery solutions, including parcel freight, secure
courier, 2-Man, and logistics services, is pleased to announce the reopening
of another former Tuffnells Parcels Express Limited ("Tuffnells") depot. The
depot, located in Stafford, is one of the 15 depots taken on by DX from the
Administrator of Tuffnells in late June 2023. This latest opening takes the
number of former Tuffnells sites to have been reopened to 13.

 

The new depot is located on the Beacon Business Park, north-east of the
Stafford town centre and comprises a 15,190 sq ft facility. It is the latest
addition to the Group's Parcels network, part of the DX Express division,
which provides highly secure, tracked deliveries to both business and consumer
addresses. As well as providing further capacity, it will improve operational
efficiencies, by reducing stem mileage and carbon emissions, and enhances
customer service levels, a key focus for the Group.

 

This latest opening is part of the ongoing major capital programme in the
business as management continues to drive the Group's growth and development.

 

Paul Ibbetson, Chief Executive Officer of DX (Group) plc, commented:

"The opening of the Stafford depot means that we have now reopened 13 of the
15 depots that we took on from Tuffnells' Administrators in late June. It
increases the capacity and capability of our Express Parcels operation, which
is growing strongly, and delivers further efficiencies, environmental and
customer service benefits.

 

"Expanding and improving the depot network underpins the continued successful
delivery of our growth plans, and we look forward to reporting on further
openings over the forthcoming months".

 

Enquiries:

 DX (Group) plc                             T: 020 3178 6378 (c/o KTZ
 Paul Ibbetson, Chief Executive Officer      Communications)
 David Mulligan, Chief Financial Officer

 KTZ Communications                         T: 020 3178 6378
 Katie Tzouliadis/Robert Morton

 

About DX (Group) plc:

 

DX is a well-established provider of a wide range of delivery services to both
business and residential addresses across the UK and Ireland. First
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 logistics services. Items that DX transports range from
confidential documents and valuable packages to large, awkward-to-handle
freight, unsuitable for automated conveyor.

 

The Group operates through two divisions, DX Freight and DX Express.

·      DX Freight comprises DX 1-Man, and Logistics/2-Man, with the
Division being only one of a small number of operators that provides an
overnight delivery service for irregular dimension and weight freight ("IDW").

 

·      DX Express comprises DX Parcels and DX Exchange and Mail, with
the Division specialising in the express delivery, including pre-9am, of
parcels and documents.

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