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Financial Times |
Royal Mail reassures despite revenue fall
Financial Times In the 12 months to March 30, Royal Mail's pre-tax profit plunged from £1.7bn to £400m, mainly because the company recorded a large one-off pension benefit in 2013-14. Underlying operating profit rose 1.8 per cent to £740m in 2014-15, as group revenue … Royal Mail's stock price just tanked despite a rise in sales Royal Mail delivers profits rise amid cost-cutting Royal Mail stalls at big figure |
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