Announcing a 60 per cent increase in profits to £324million, Royal Mail chief executive Moya Greene defended the huge amount of unwanted 'marketing mail' it delivers. More: continued here
Read More »Royal Mail delivers profits fit for flotation – Telegraph.co.uk
Royal Mail delivers profits fit for flotationTelegraph.co.ukMs Greene said Royal Mail, which is being lined up for the biggest privatisation in 20 years, had already spoken to investors about a potential £3bn listing. “We have had soundings with high quality pension fund and mutual fund investors and the … More: …
Read More »US and Canada eye Royal Mail stakes – Telegraph.co.uk
Telegraph.co.uk US and Canada eye Royal Mail stakesTelegraph.co.ukMoya Greene, Royal Mail's chief executive, revealed that she has given a roadshow presentation to the Ontario Teachers' Pension Plan as part of the preparation for the £3bn IPO, the biggest privatisation in 20 years. The fund already has £4bn invested …Royal Mail …
Read More »Royal Mail profits jump as parcel sales rise – BBC News
BBC News Royal Mail profits jump as parcel sales riseBBC NewsRoyal Mail's annual profits have more than doubled, helped by strong growth in parcel deliveries as more people shop online. Operating profits for the 52 weeks to the end of March jumped to £403m, up from £152m for the previous …
Read More »Springburn Royal Mail worker Angela Doran stole £45000 for shoes – stv.tv
Springburn Royal Mail worker Angela Doran stole £45000 for shoesstv.tvA Royal Mail worker stole nearly £45,000 and used the money to buy pairs of designer shoes. Angela Doran took parcels from the sorting office in Glasgow's Springburn to fund her spending habits. The 39-year-old admitted to embezzling a total of …
Read More »Royal Mail doubles operating profit – Financial Times
The Guardian (blog) Royal Mail doubles operating profitFinancial TimesRoyal Mail has more than doubled its annual operating profit as the government prepares to privatise the world's oldest postal service. Operating profit rose from £152m to £403m on a like-for-like basis in the year to March 31. Revenue increased 5 per …
Read More »Royal Mail profit soars before privatisation – euronews
Royal Mail profit soars before privatisationeuronewsLONDON (Reuters) – Royal Mail more than doubled annual profit on the back of an online shopping boom, providing a timely boost as it plans for a stock market listing this year. In a marked turnaround for a business that has been fighting to adapt …
Read More »Royal Mail sees profits almost double before privatisation – Yahoo!7 News
Yahoo!7 News Royal Mail sees profits almost double before privatisationYahoo!7 NewsRoyal Mail said on Tuesday adjusted operating profit in the year to March 31 was 403 million pounds, more than double the 152 million pounds posted a year earlier, reflecting the impact of growing parcels work fuelled by internet shopping, …
Read More »Royal Mail reveals profits boost – but Vince Cable says ‘no alternative’ to … – The Independent
The Independent Royal Mail reveals profits boost – but Vince Cable says 'no alternative' to …The IndependentHis comments came as Royal Mail announced a big jump in profits to £440 million for the year to 31 March, compared with £152 million a year earlier, helped by parcels growth of the …
Read More »Royal Mail double their yearly profits thanks to an increase in online shopping
Royal Mail's annual profits have more than doubled in the past year, with the increase in people shopping online leading to a strong growth in parcel deliveries. Operating profits for the 52 weeks to……. More: continued here
Read More »