The owner of Royal Mail said it remains on track to return to annual profit after the Christmas parcel boost, as its £3.6billion takeover by Czech billionaire Daniel Kretinsky nears completion.

Parcel deliveries over Christmas helped boost Royal Mail revenues, ahead of the firm’s £3.6bn sale by parent company International Delivery Services (IDS) to Czech billionaire Daniel Křetínsky. In an ...

Royal Mail’s owner International Distribution Services (IDS) said on it was on track to return to profit, thanks to Christmas parcel deliveries. Tracked parcels sent over the holiday season increased ...

The owner of Royal Mail, International Distribution Services (IDS), has announced it's on track for an annual profit comeback following a Christmas parcel surge, as the £3.6bn acquisition by ...

Its new “state-of-the-art” parcel hubs in Daventry and Warrington processed more than 75 million parcels during the Christmas period, up 23% year-on-year, according to IDS.

Royal Mail cheered a strong performance from its UK tracked parcel offering, with packages by volume up 19% to 188 million. Its new “state-of-the-art” parcel hubs in Daventry and Warrington processed ...