Yodel makes £50m loss in 2014/15


Yodel has made its sixth pre-tax loss in a row, two years after it failed to hit its self set target of turning its first profit. The carrier blamed unexpected parcel volumes over Black Friday weekend in 2014 for the loss in the year ended 30 June 2015, which it said drove “significant operational stress and cost over-runs”. Yodel said it saw a 14.5% increase in parcel volumes over the year. According to results filed at Companies House, the group made […]