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24/01/2014
Royal Mail Report Like-For-Like Revenue Increase
Royal Mail has reported a 2% rise in like-for-like revenue in the nine months to 29 December.
The firm's chief executive Moya Greene reported that parcel deliveries accounted for 51% of revenues, with Royal Mail handling 115 million parcels in December.
The company was privatised in October 2013, with Ms Green saying that financial performance was in line with expectations.
Shares in the company closed on Thursday at 588p, up 78% since October.
(MH/JP)
The firm's chief executive Moya Greene reported that parcel deliveries accounted for 51% of revenues, with Royal Mail handling 115 million parcels in December.
The company was privatised in October 2013, with Ms Green saying that financial performance was in line with expectations.
Shares in the company closed on Thursday at 588p, up 78% since October.
(MH/JP)
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