Today news
About the same in other media
Boost for shareholders as parcels help Royal Mail to £311m profit
Reading now: 441
Royal Mail is handing £400m to shareholders after its parcel delivery business benefited from the greater shift to online spending during the pandemic.
The accelerated trend to more parcels, which Royal Mail said was a permanent shift, helped it to a £311m pre-tax profit in the six months to 26 September, after barely scraping a profit last year. Its revenues rose by 7% year-on-year to £6.1bn.
The news sent shares up 5% on Thursday morning, making Royal Mail the top riser on the FTSE 100.
It marks
Read more on theguardian.comAbout this in other media
Stratford overtakes Waterloo as Britain’s busiest railway station theguardian.com /2 years ago
Stocks making the biggest moves midday: Zoom Video, Best Buy, Abercrombie and more cnbc.com /2 years ago
Stocks making the biggest moves in the premarket: Best Buy, Zoom Video, Urban Outfitters and more cnbc.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
