CWU delivers solid results in Royal Mail

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Responding to Royal Mail's annual results, released today (Thursday)‎, the CWU said the solid set of results were testament to the increased efforts of postal workers who have helped deliver increases in Group profits, revenues and productivity.

Dave Ward, CWU General Secretary said: "Royal‎ Mail Group's strong financial performance, in the face of tough market and regulatory pressures, show the company is well placed to deliver future growth and innovation in the business, working closely with the CWU. The continued fall in letter volumes and the significant level of competition Royal Mail already faces should serve as a reminder to Ofcom that protecting daily deliveries should be the number one priority of its review."

Commenting on the latest results, Ray Ellis, Acting Deputy General Secretary said: "The hard work of postal workers , the significant and continued increases in productivity and close cooperation with the CWU have been critical in delivering another solid financial performance, particularly in the highly competitive parcels market.

While we remain concerned about the long term decline in letters and Royal Mail's failure to meet the highest quality of service standards, we believe the company has the financial platform to work with the CWU to secure long term growth‎ and success".

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