London, Sept 1, 2025 (AFP) - Royal Mail owner profit jumps as Czech billionaire takes over

NAMPA / AFP

2025-09-01

Britain's Royal Mail owner on Monday posted a sharp rise in annual net profit in its first results since the postal service was taken over by Czech billionaire Daniel Kretinsky's EP Group. Former state monopoly Royal Mail, which was privatised in 2013, has suffered in recent years from falling parcel volumes, delays in delivering mail and strikes over pay. The group is now in the midst of a turnaround, introducing cost-cutting measures including......

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