Royal Mail profit up on cost savings
LONDON — Royal Mail, the U.K. postal group, boosted full-year operating profit by 6 percent as cost cuts offset sluggish revenue in an increasingly competitive parcels market.Adjusted operating profit before “transformation “costs rose to £740 million ($1.15 billion) in the year to March 29 from £740 million in the previous…
Royal Mail profit up on cost savings
Journal of Commerce