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Telegraph.co.uk |
Royal Mail cuts parcels growth outlook as profit falls
Reuters UK LONDON (Reuters) – Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, sold off by the government in October … Parcel delivery stabilises at UK Mail UK Mail halves profits after £7.3m pallets writedown UK Mail Profit Flat, Excluding Big Writedown For Pallets Business |
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