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Royal Mail Reports £430m Full-Year Profit

Royal Mail (Other OTC: ROYMF – news) has reported an operating profit of £430m in its first full-year results since privatisation. Parcels now contribute more than 50% of Royal Mail's revenue – £4.82bn – after a 7% rise, although volumes remained flat. More: continued here

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UK's Royal Mail warns on competition as profits rise

By Neil Maidment LONDON (Reuters) – Newly privatised Royal Mail posted a 12 percent rise in full-year profit on Thursday and said it was taking steps to address increasing competition in both parcels and letters. The UK postal firm, which had long posted financial losses until two years ago, said …

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Royal Mail reports profit of £671m

File photo dated 17/12/13 of Royal Mail staff sorting Christmas parcels at Nottingham Mail Centre in Beeston. Photo: Rui Vieira/PA Wire Royal Mail is legally bound to deliver letters six days a week to every address in Britain for the same price.The universal service was enshrined in an act of …

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