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Royal Mail to post strong profits before privatisation

12 Nov 2012 12:00 AM | Anonymous

Royal Mail is expected to post strong half-year profits tomorrow in the run up to the privatisation of the company in next year’s third quarter.

The delivery of increased profits by the Royal Mail is a key condition of the go-ahead of the company’s floatation next year. The expectation of strong profits is expected to further boost the investor interest surrounding the Royal Mail.

While the Royal Mail has been boosted in recent years, the road towards profitability has seen job cuts and opposition towards the move towards privatisation from postal unions.

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