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