Yodel makes eighth consecutive loss, but shareholders keep the faith


 

Yodel failed to turn a profit for the eighth consecutive year in its recently closed financial year, and CEO Mike Cooper has admitted its owners regularly give him “a hard time”. The parcel carrier has never managed turned a profit, making a pre-tax loss of £50.4m in its most recently published results, for the year ended 30 June 2016. Asked whether the business had turned things around for the year ended this July, Cooper told MT that while Yodel hadn’t […]