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Royal Mail posts strong rise in profits as parcels improve
BBC News Royal Mail's annual profits have jumped 25% thanks to better-than-expected growth in its parcel delivery business. Parcel deliveries rose 9% thanks to shoppers' insatiable appetite for online shopping, although the number of letters posted fell by 6%. Royal Mail letter volumes plummet as overseas division comes to the rescue by propping up profits Royal Mail profit falls, expects letter volume decline Royal Mail letter deliveries continue to drop but growth in parcels boost full year profits |
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