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UK Mail warns on full-year profit

Fri, 07th Aug 2015 06:54

Aug 7 (Reuters) - UK Mail Group Plc warned that itsfull-year profit would be materially below market expectations,due to additional operating costs relating to the transition toits new automated hub in Ryton near Coventry.

The company, which provides mail, parcels and logisticservices, said it expected pretax profit before one-offexceptional items to be in the range of 10 million pounds ($15million) to 12 million pounds for the year. ($1 = 0.6451 pounds) (Reporting by Esha Vaish in Bengaluru; Editing by AnupamaDwivedi)


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