Royal Mail delivered 7.5m extra Christmas presents this year

By Chris Dawson January 21, 2016 - 11:55 am

Royal Mail have released a trading update for the nine months leading up to the 27th December and it looks like they had a good Christmas, even better than last year’s strong performance.

Royal Mail Christmas homeRoyal Mail’s Christmas saw them deliver 130 million parcels during December. That’s 6% more than the previous Christmas, in hard numbers 7.5 million more parcels than in 2014 which is a bigger volume increase than that reported by any competitor.

Overall parcel volumes for the 9 months are up 4%, with revenues up 1%. Parcel volume growth continued to be driven by Royal Mail account parcels, which benefited from recent new contract wins, import parcels, and Parcelforce Worldwide, which saw volumes increase by 16%. Royal Mail say that growth in these channels has more than offset the tough trading environment in consumer/SME and export parcels.

Royal Mail say that letters also had a good performance against the backdrop of structural decline. Volumes are down 3% at Q3 ahead of Royal Mail’s projected range of 4-6% annual decline.

Royal Mail also saw strong performance in Europe from their GLS division with volumes up 11% and revenues up 10% at Q3.

Good to see Royal Mail holding their own, now we just have to wait until April to see what their positive trading update translates to in annual price rises.

Comments are closed.

Tamebay eBooks
Concise, focused information