Home / Fierce competition in parcels and letters sees Royal Mail's half year profits drop by a fifth

Fierce competition in parcels and letters sees Royal Mail's half year profits drop by a fifth

Shares fell more than 8 per cent to end 39.2p down at 430p after the privatised group revealed a slip in operating profits from £353m to £279m, while sales barely grew at £4.5bn.

More: continued here

About admin

Check Also

Royal Mail fails to deliver annual results

The owner of Royal Mail group switched from takeover controversy to farce today when it …

Leave a Reply

Your email address will not be published. Required fields are marked *