Business Post has reported sales up 17 per cent to £326m although pre-tax profit, at £11.5m was up only slightly on last year.
Chief executive Guy Buswell, said: “This has been a demanding year for the business but one during which we have successfully dealt with a number of important issues, particularly within our Parcels business. The second half was a positive one for the group, and we ended the year with a sound balance sheet.
We have also made good early progress with thechange programme necessary to achieve our strategic objective of becoming the UK’s leading independent integrated postal group, and we see significant opportunities across all three aspects of our business.”