Make your money go further for just 25p per day

DX (Group) (AIM:DX) tough in delivery world but great performance in the circumstances

21/09/2015 · DX Group (DX) 

The parcels, mail and logistics operator delivered results in line with forecasts with a small improvement in operating margin. The dividend yield is clearly the main attraction at the moment but will it be maintained as they incur big investment in a new delivery hub?

Revenues from ongoing activities of £297.5m were marginally down on the prior year’s £304.2m although it’s the bottom line that we are interested in. Adjusted profit before tax was £26.7m (2014: £27.7m) and statutory profit before tax £24.8m vs a loss of £55.7m which included the finance adjustments associated with the end of private equity ownership. Adjusted eps was 10.9p and statutory EPS of 9.9p which equates to a lowly earnings multiple of only 7.38x…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on DX Group

Another AIM company receives an offer

11/09/2023 · Company Insights

The week kicks-off with yet another offer for a modestly valued AIM company. We remain puzzled why…


Compelling value | Quality at a price

19/07/2023 · Company Insights

News covered here includes results and updates from several companies trading at very modest valuations and…


More Company Insights

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Challenging outlooks | Reassuringly boring | Hidden value

Stonking Small Cap reports cracking results

06/11/2024 · dotDigital

Sign-up to our free email updates

SIGN UP