UK Mail to invest in network and automation after pre-tax profit rise


UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit. The firm’s latest figures, published today, revealed that group turnover was up 10% on the previous year, while pre-tax profit was up at £17.8m for the year ended 31 March 2013 (2011/12: £15.1m). Parcel volumes grew by 21% in the second half of the year, taking the total annual growth to 17% […]