Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation. A trading statement for the six months ending 27 September 2015 released today records a 30% decline in pre-tax profit, which fell from £167m to £116m. Revenue remained effectively flat in the period, decreasing 1% to £4.4bn (2014: £4.5bn). The group’s transformation costs, including almost 3,000 voluntary redundancies in its UK […]
Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold.
DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today.
Royal Mail scooped the Company of the Year accolade at the Women in Logistics (WIL) UK awards last Friday (20 September) in Solihull.