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Royal Mail PLC Profits Advance 17%

The shares of Royal Mail (Other OTC: ROYMF – news) climbed 21p to 554p during early trade this morning after the postal service claimed its underlying half-year profits had advanced by 17%. Royal Mail, whose shares joined the stock market during October at 330p and have since traded as high as 587p, said total operating profits for the six months to 29 September had improved from £144m to £283m …

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