Royal Mail on track to return to annual profit after strong Christmas
by Joanna Partridge from on (#6TJZ2)
Owner highlights parcel deliveries performance as 3.6bn takeover by Czech billionaire nears completion
The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its 3.6bn takeover by the Czech billionaire Daniel Ketinsky nears completion.
International Distribution Services (IDS) said Royal Mail delivered more than 99% of items sent on or before the recommended last posting dates in time for Christmas.
Continue reading...