Menu
21/05/2013
Profits More Than Double At Royal Mail
An increase in parcel deliveries is being credited with helping more than double annual profits at Royal Mail.
New figures show that in the 52 weeks to March operating profit jumped to £403m, up from £152m the previous year.
Its UK parcels and letter unit saw profits increase to £294m, up from £33m the year previous.
In terms of revenue Royal Mail remains the largest overall parcel delivery service, with Royal Mail chief executive Moya Greene saying the transformation of the firm “is well underway”.
The news comes ahead of the company’s expected privatisation next year.
(MH/CD)
New figures show that in the 52 weeks to March operating profit jumped to £403m, up from £152m the previous year.
Its UK parcels and letter unit saw profits increase to £294m, up from £33m the year previous.
In terms of revenue Royal Mail remains the largest overall parcel delivery service, with Royal Mail chief executive Moya Greene saying the transformation of the firm “is well underway”.
The news comes ahead of the company’s expected privatisation next year.
(MH/CD)
Related UK National News Stories
Click here for the latest headlines.
25 January 2011
Met Police Seize Scam Mail Aimed At UK Victims
In the first operation of its kind, officers from the Metropolitan Police Service's Economic and Specialist Crime Unit (Operation Sterling) took possession of a bulk delivery of scam mail intended for vulnerable victims across the UK and searched and closed five virtual offices used by the scammers.
Met Police Seize Scam Mail Aimed At UK Victims
In the first operation of its kind, officers from the Metropolitan Police Service's Economic and Specialist Crime Unit (Operation Sterling) took possession of a bulk delivery of scam mail intended for vulnerable victims across the UK and searched and closed five virtual offices used by the scammers.
21 May 2014
Royal Mail To Trial Sunday Parcel Deliveries
A pilot scheme of Sunday parcel deliveries is to be trailed by Royal Mail, due to the demand for goods ordered online. A date when the trial will start has yet to be decided, but Royal Mail say that up to 100 postal offices will open seven days a week to allow people to collect parcels.
Royal Mail To Trial Sunday Parcel Deliveries
A pilot scheme of Sunday parcel deliveries is to be trailed by Royal Mail, due to the demand for goods ordered online. A date when the trial will start has yet to be decided, but Royal Mail say that up to 100 postal offices will open seven days a week to allow people to collect parcels.
18 October 2004
Royal Mail urged to redouble efforts to stop mass mail scams
Royal Mail has been told to "tighten" its procedures in an effort to try to stop fraudsters using the postal system to get to consumers. The Trading Standards Institute (TSI) made the calls after statistics revealed that 67% of complaints about scams aimed at consumers relate to items delivered through the post.
Royal Mail urged to redouble efforts to stop mass mail scams
Royal Mail has been told to "tighten" its procedures in an effort to try to stop fraudsters using the postal system to get to consumers. The Trading Standards Institute (TSI) made the calls after statistics revealed that 67% of complaints about scams aimed at consumers relate to items delivered through the post.
21 May 2015
Royal Mail Records Increase In Profits
Royal Mail has reported an increase in its full-year profits. Published today, 21 May, the company said the results in a "challenging" market are as a result of a continued focus on efficiency and cutting costs. It reported an annual adjusted operating profit (before transformation costs) of £740m – an increase of 6% from the previous year.
Royal Mail Records Increase In Profits
Royal Mail has reported an increase in its full-year profits. Published today, 21 May, the company said the results in a "challenging" market are as a result of a continued focus on efficiency and cutting costs. It reported an annual adjusted operating profit (before transformation costs) of £740m – an increase of 6% from the previous year.
27 November 2013
Royal Mail Sees Profits Rise In Last Six Months
In the first published results since its partial privatisation, Royal Mail has seen a significant rise in its pre-tax profits. In the six months to September 29 pre-tax profits rose to £233 million, up from £94m the previous year. Royal Mail also reported that a one-off windfall, from a pension reform, boosted overall pre-tax profits to £1.58bn.
Royal Mail Sees Profits Rise In Last Six Months
In the first published results since its partial privatisation, Royal Mail has seen a significant rise in its pre-tax profits. In the six months to September 29 pre-tax profits rose to £233 million, up from £94m the previous year. Royal Mail also reported that a one-off windfall, from a pension reform, boosted overall pre-tax profits to £1.58bn.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
