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Parcelforce reports revenue increase

Parcelforce Worldwide's revenues rose in the past 12 monthsNew figures have revealed that Parcelforce Worldwide increased its revenues during the last financial year.

A leading parcel delivery firm has revealed that its revenues rose during the 12 months to March 31st.

Royal Mail Group's Parcelforce Worldwide division grew its revenues despite the economic downturn and also experienced a 50 per cent increase in operating profit to £12 million.

Elsewhere, Royal Mail revealed that its overall group revenue rose by two per cent to £9,560 million, while its operating profit also hit £321 million.

Adam Crozier, the chief executive of the Royal Mail Group, said the company's businesses are in full-year proft for the first time in around two decades.

He added: "Our people have delivered strong financial results and high quality customer service across all our businesses in the face of extremely challenging trading conditions."

Parcelforce Worldwide is one of the UK's leading express carriers and operates from 53 depots across the area.ADNFCR-2348-ID-19170038-ADNFCR

Article Added: 14/05/2009 15:55:16



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