UK Mail Interim Trading Statement 2013
For the 6 months ended 30th September 2013Highlights
· Group revenues up 7.9%; group operating profit up 63.2% · Parcels: revenues up 21.4%; operating profit up 91.3% · Mail: revenues down 0.3%; operating profit up 10.9%
· Group profit before tax up 63.0% to £11.9m (2012: £7.3m)
· Strong balance sheet, net cash at period end of £19.5m (2012: £15.7m)
· Interim dividend increased by 10.93% to 7.1p per share (2012: 6.4p)
· Strong levels of customer retention and new client wins
· Further growth in market share as competitive and market landscape