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Royal Mail PLC 1Q Revenue Down 11.5% Year on Year

By Kyle Morris

Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday.

The British letter-and-parcel courier said revenue for the three months ended June 30 was 3.00 billion pounds ($3.60 billion)…


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