News / DX Group finally turns the corner, posting its first full-year profit

DX Group finally appears to have turned a corner, posting its first full-year profit and an £11.1m swing in fortunes after two years of losses.

The embattled courier posted an operating profit of just over £200,000 for the year ending 30 June.

Chief executive Lloyd Dunn said: “We’ve made significant strides with our turnaround plan since announcing it in March 2018 and are building good momentum.

“While there’s still much to do, we have a firm foundation for the next stage of the turnaround.”

However, ...