DX Group trading in line after positive first quarter
By Josh White
Date: Thursday 15 Dec 2022
(Sharecast News) - Parcel freight, courier and logistics specialist DX said in an update on Thursday that its recent trading remained in line with management expectations, after a positive first quarter.
The AIM-traded company, which was holding its annual general meeting, said its pipeline of new business opportunities was still "very healthy".
Executive chairman Mark Hammond said DX remained in a "strong" financial position, with high levels of liquidity and significant net cash.
"We expect to provide a further update on trading in February, ahead of the publication of interim results, which are expected in March."
At 1438 GMT, shares in DX Group were down 0.72% at 26.31p.
Reporting by Josh White for Sharecast.com.
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