DX (Group) Plc (LON:DX) is the subject of conversation when Andy Hanson, research director at Zeus Capital caught up with DirectorsTalk to discuss FY results. Andy explains why this year has been tough for the group, how FY16 results look and the important things to look out for in FY17.
DX (Group) plc is a United Kingdom-based independent parcel, mail and logistics services company, which operates throughout the United Kingdom and Ireland. The Company provides next day and 2-Man deliveries to business and residential addresses. Its segments include Parcels and freight, which offers services, such as DX 1-Man (engaged in the delivery of irregular dimension and weight items), DX Courier (provides next day parcel services) and DX 2-Man (offers a business to consumer home delivery solution for heavier and bulkier items); Mail and packets, which include services, such as DX Exchange, DX Secure and DX Mail, and Logistics, which offers DX Logistics services that provide a range of solutions, such as basic warehousing, stock management (including pick and pack) and delivery. Its logistics services also include providing customer-liveried vehicles and uniformed personnel, such as fleet management solutions and integration with customers’ business operations.