Home / Royal Mail / Royal Mail Profit Rises 26% on Cuts, Modernization (Update1)

Royal Mail Profit Rises 26% on Cuts, Modernization (Update1)

May 20 (Bloomberg) — Royal Mail Group Ltd., the U.K.’s state-owned postal carrier, for which the government said today it’s seeking private capital, said full-year profit rose 26 percent as it cut jobs and invested in technology.

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