Yodel’s long road to profit now almost at an end?


 

Four years after the merger of Home Delivery Network and DHL Express’s domestic business, Yodel yesterday suggested that it made a loss during its recently completed financial year, although it seems confident a return to the black and its first ever profit is now in sight beyond this. Yodel said its EBITDA (earnings before interest, tax, depreciation, amortisation) improved by over £70m in the year to 30 June 2014. While a significant improvement, it didn’t provide detail in regards profit […]