Parcel locker firm InPost has cautioned earnings are expected to remain flat this year and revealed UK losses over the crucial Christmas season as it prepares for a near-£7 billion takeover.
Polish-headquartered InPost revealed its UK arm tumbled to an underlying loss of 99.3 zlotys (£20.1 million) in the fourth quarter, against earnings of 100.1 million zlotys (£20.3 million) a year earlier as it took action to “prioritise service quality and maintain capacity during peak season”.
