UK Mail said it has “positive momentum” before it enters the Christmas peak, as investments in additional capacity have allowed it to make “further progress” , while it waits for its proposed acquisition by Deutsche Post DHL to conclude. However in the six-months to 30 September turnover was down 3.2% to £230.2m, compared to £237.6m in the same six-month period a year ago. Pre-tax profit was up 158.4% year-on-year to £5.8m – but in H1 2015 it reported net exceptional […]
UK Mail has renewed its contract with the Royal Bank of Scotland (RBS) after what it described as a “competitive tender process”.
UK Mail has conceded that its pallet business suffered a tough year in the twelve months to 31 March 2013.
Deutsche Post DHL has had its offer to buy UK Mail for £242.7m cleared by the European Commission, bringing the deal one step closer to completion.