Royal Mail plc Full Year Results 2014-15

[TrueBlueTerrier]

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Royal Mail plc today announced its results for the full year ended 29 March 2015.

Moya Greene, Chief Executive Officer, Royal Mail plc, said:

“We have delivered operating profits in line with our expectations. Our continued focus on efficiency resulted in a better than expected UK cost performance, offsetting lower than anticipated UK parcel revenue. At the same time we have delivered a large number of innovations at pace as we transform our business.

“Our trading environment remains challenging, but we are now poised to step up the pace of change to drive efficiency, growth and innovation, while maintaining a tight focus on costs.
“At this early stage of the financial year trading is in line with our expectations, but as in previous years our performance will be weighted to the second half and will be dependent on our important Christmas period.

“We remain committed to delivering value for our shareholders and the Board is recommending an increase in the full year dividend of five per cent.”

[TrueBlueTerrier]

Proposed dividend is 14.3p per share.

[Chelseablue]

Great results , share in success , huge bonus for the hard working posties, woooooo were in the money , oops I'm dreaming of a fair society and workplace

[TrueBlueTerrier]