Yodel predicts “strongly profitable” 2021 as volumes continue to surge


 

Yodel is on track to announce a profit for the first time since its formation over a decade ago, following a surge in volumes during the pandemic. The carrier said projected full-year revenue for the year ending June 2021 was now over £535m and it expected to be “strongly profitable” at the pre-tax level. In a trading update for the second quarter of its financial year the packets and parcels courier said there had been a 34% increase in volumes […]