Royal Mail Posts Pounds 255m Profit

The JournalJanuary 22, 2009

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Summary


THE Royal Mail made an increased profit of pounds 255m in the nine months to Christmas, and all its businesses are in profit for the first time in almost 20 years, the postal group announced yesterday.

Despite the economic downturn and further falls in mail volumes driven by increased use of emails, group revenue increased by almost 3% during the first nine months of the current financial year to pounds 7.2bn.

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Extract


Royal Mail Posts Pounds 255m Profit

The company made an operating profit of pounds 255m in the nine months to Chri...

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