Home / Royal Mail / (AFX UK Focus) 2008-10-23 15:40 UK’s Royal Mail H1 profit soars, outlook uncertain (Interactive Investor)

(AFX UK Focus) 2008-10-23 15:40 UK’s Royal Mail H1 profit soars, outlook uncertain (Interactive Investor)

LONDON, Oct 23 (Reuters) – British postal firm Royal Mail on Thursday reported a 51 percent increase in half-year operating profit after cutting costs but said the future of its loss-making universal postal service was under threat. The company said half-year operating profit rose to 177 million pounds from 86 million in the same peiod last year after it reduced IT costs in its Post Office …

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