ROYAL MAIL ORD 1P (LSE: RMG )

Group revenue rose 2% to £9.46 billion, with a 7% rise in parcel revenues offsetting a 2% fall in the UK letter business which declined to £4.63 billion. However, parcel volumes were flat at 1.06 billion items compared with 2012-13. More: continued here

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Royal Mail Reveals Profits Rise To £430 Million

Royal Mail has announced a rise in annual profits after revenues growth from parcel deliveries more than offset a further decline in letter volumes. In its first set of results since its controversial £3.3 billion stock market flotation in October, the company said operating profits after transformation costs were £430 …

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