RMCtv : Zareena 'Peeps person-sort of' Brown : Inflation high? : We are proposing more on pay than we should

[tomtallis]

viewtopic.php?p=910599#p910599

[yellowbelly]

Teebs put the link on here Aug 5th 2020, i dont know how to repost the link, but it reads unaddressed mail £2,603,000,000. The thread is "how much do RM make annually from D2D. so if thats true they make 2.6 BILLION from unaddressed mail. Can't be true surely....can it?

Davey, if the text below on p23 is what's being referred to, that's volume of unaddressed in millions not value in £'s:

Letters volumes (m)
Addressed letters 10,047
Addressed letters (excluding election mailings) (8%)
Unaddressed letters 2,603

Further into the document (I'm avoiding trying to cook evening meal by saying I'm doing some research!), on P74 it says the
revenue (again not profit) from 'Advertising Letters' for UKPIL is 705 million pounds.

There's obviously a reduction in revenue from the document you've referred to and the report I referred to (different years and the Covid
effect) but in either case I can't see where RM state the actual profit (as opposed to revenue) from D2D/unaddressed mail. It might be they
just mix it in with 'mail' because it could be a massive profit or not and it's commercially sensitive for them.

[daveyeff]

cheers yb. thought it couldn't be right. that would put profits up to 3 billion.