Parcel locker firm InPost has cautioned that earnings are expected to remain flat this year, revealing significant losses in its UK operations over the crucial Christmas period as it prepares for a near-£7 billion takeover.
The Polish-headquartered company's UK arm reported an underlying loss of 99.3 million zlotys (£20.1 million) in the fourth quarter, a stark reversal from the 100.1 million zlotys (£20.3 million) earned a year earlier.