RE: RNS.....18 Jan 2018 08:47
No; the report was clear. Early reactions also as follows. Reuters) - Royal Mail (RMG.L) on Thursday reported a rise in nine-month revenue, helped by higher parcel volumes and strength in its international business.
Parcel volumes during the period rose 6 percent, with 149 million parcels handled over the key December trading period.
The postal and parcel delivery company said revenue rose 2 percent for the nine months ended Dec. 24, with revenue at its European parcels business climbing 10 percent.
The company said it now expects addressed letter volumes to be in the middle of the 4-6 percent decline range it had previously forecast for the full year.
Letters performance was better-than-expected, with addressed letter volumes down 5 percent in the nine-month period, Royal Mail said.