Royal Mail Profits Rise but Mail Volumes Down

Daily PostNovember 18, 2005

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Summary


ROYAL Mail is reporting a 20% increase in profits while the number of letters it is handling has fallen - just weeks before the industry is thrown open to full competition.

Operating profits for the first half of the financial year were pounds 159m, an increase of pounds 27m on a year ago.

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Extract


Royal Mail Profits Rise but Mail Volumes Down

The improvement was driven b...

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