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Royal Mail profits lower on flat sales
Thursday, November 19, 2015 1:17
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This post was originally published on this siteRoyal Mail profits lower on flat sales
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19 November 2015
- From the section Business
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Royal Mail has reported a near 15% fall in half-year profits with revenues little-changed across its business.
Letter volumes fell 4% in the six months to the end of September but the fall was offset by a 4% rise in parcel volumes.
Royal Mail reported adjusted pre-tax profit of £240m against £287m a year earlier.
It said performance for the full financial year would depend on Christmas – its busiest time of year.
The post Royal Mail profits lower on flat sales appeared first on Middle East Post.
Source: http://middleastpost.com/royal-mail-profits-lower-on-flat-sales/
