Logistics operator DX has strengthened its profits in the wake of exiting a range of commercially unattractive contracts last year.
Its adjusted earnings before interest, taxes, depreciation and amortisation stood at £33.7 million in the year to June 30th.
This is unchanged on the corresponding figure recorded for the previous year, while revenue from ongoing activities was down to £297.5 million, having stood at £304.2 million in 2014.
Petar Cvetkovic, chief executive officer of DX, said that the OneDX programme is helping the company to make steady progress.
This is because it is helping to the firm to offer enhanced delivery solutions to customers.
"[Ongoing investment is] creating a more efficient operating structure to underpin our offering, which is based on a market-leading range of services, value and high customer service levels," Mr Cvetkovic commented.