UK Mail expects volume growth in its parcels division to slow down in the second half of this year as it continues to feel the effects of a weakened retail market and poor volumes in the second quarter. Turnover in its parcels division increased 3.4% to £109.4m (2013: £105.8m) in the first half of this year, while operating profit increased marginally to £11.2m. Average daily parcel volumes increased 6%, but the majority of volume growth came in the first quarter […]
May 26, 2015 Emma Shone
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