Royal Mail Announces Results and a Threat to Universal Service
By Mark Howitt | Thursday 20 November 2014
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Royal Mail (RMG) has announced its results for the six months until the 28 September. Profits were down slightly from £233 million last year to £218 million this year. The issue of ‘Universal Service’ (the universe comprising of the United Kingdom in this case) is a key one to the company.
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