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Royal Mail reassures despite revenue fall – Financial Times

Financial Times Royal Mail reassures despite revenue fallFinancial TimesIn the 12 months to March 30, Royal Mail's pre-tax profit plunged from £1.7bn to £400m, mainly because the company recorded a large one-off pension benefit in 2013-14. Underlying operating profit rose 1.8 per cent to £740m in 2014-15, as group revenue …Royal …

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