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DX. Dx (group) Plc

47.40
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dx (group) Plc LSE:DX. London Ordinary Share GB00BJTCG679 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 47.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

DX (Group) PLC Significant Expansion of Maidstone Depot

15/07/2021 7:00am

RNS Non-Regulatory


TIDMDX.

DX (Group) PLC

15 July 2021

15 July 2021

DX (Group) plc

("DX" or "the Group")

Significant Expansion of Maidstone Depot

DX, a leading provider of delivery solutions including parcel freight, secure courier and logistics services, is pleased to announce the significant expansion of its Maidstone parcel freight depot.

DX has secured a site adjacent to its current Maidstone depot in Parkwood Industrial Estate, which more than doubles the site's overall footprint to in excess of 88,000 sq. ft. The enlarged depot will serve DX's Freight division, which provides B2B and B2C parcel freight services, and specialises in the delivery of larger and heavier items, including irregular dimension and weight freight ("IDW").

The expansion is in line with DX's growth plans to add further capacity in Kent and the wider region while improving services to existing customers.

The Freight division has grown significantly in recent years, with growth underpinned by investment and a strong focus on customer service and sales. The Maidstone depot is the fourth new or upgraded site the Group has opened so far in 2021 with further new depot openings planned for later this year.

Lloyd Dunn, Chief Executive Officer at DX Group plc, commented:

"The expansion of our Maidstone depot is another positive step in our growth plans for DX Freight, and enables us to increase capacity and improve our service to existing customers. We plan to open further depots over the next twelve months as we accelerate our investment programme."

Enquiries:

 
   DX (Group) plc                                   T: 020 3178 6378 (c/o 
   Lloyd Dunn, Chief Executive Officer               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

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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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(END) Dow Jones Newswires

July 15, 2021 02:00 ET (06:00 GMT)

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