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)

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.
18 September 2009
Stamps Mark Naval Heritages
Weapons Engineer, Sandy Jardine - pictured on HMS Daring - the Royal Navy's newest, most powerful destroyer, lent a hand to launch Royal Mail's Royal Navy Uniforms Special Stamps. He was helping out as Royal Mail charted over two centuries of Royal Navy uniforms on six new stamps just issued.
28 January 2010
New ITV Chief Appointed
Adam Crozier has been appointed Chief Executive at ITV. Mr Crozier is the current head of Royal Mail, having earlier presided over the Football Association. ITV boss Michael Grade announced his intentions to stand down as Executive Chairman of the broadcaster in April.
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.
08 October 2009
Vote For UK Mail Strike Questioned
It could be a cold festive season this year as the Christmas post is now in doubt. But while it looks like being seriously affected now that Royal Mail workers have voted for a national strike - management insist that a majority are not in favour.