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Royal Mail – New Name, Same Old Problems

(MENAFN- ValueWalk) talhakhalil007 / Pixabay Weaker retail trends, fewer test kit deliveries and a structural decline in letters meant revenue fell 5.1% to £3.0bn in the first quarter. This reflected an 11.5% decline in Royal Mail PLC (LON:RMG) revenue which more than offset a 7.8% increase at GLS. With …

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