28 November 2022 - new investment

The AIM-listed logistics and property group has announced that it is spending £3.6m in upgrading its existing depot network to increase capacity and improve efficiency.  These works include installing new raised docks, expanding loading areas and improving energy efficiency.  A number of depots are involved including Exeter, Middlesbrough and Thatcham in the DX Freight division and Gatwick and Nuneaton in the DX Express division.  These works are in addition to the opening of new depots around the country and these should be completed by July 2023.  We continue to rate the shares as . . .

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