“Astonishing!” – Royal Mail set to double year-on-year profits amid e-commerce frenzy


 

Royal Mail’s “astonishing reversal of fortunes” after the online shopping surge during the pandemic means it expects to make an adjusted operating profit of £700m, more than double last year’s £325m. In a pre-close announcement, the postal group said it would continue to focus on its international and B2C work, identified as key growth opportunities. […]