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Evening Standard
Evening Standard
Business
Holly Williams

Royal Mail sees parcel boost over Christmas as £3.6bn takeover nears completion

Royal Mail IDs International Distribution Services Daniel Kretinsky
The owner of Royal Mail said it remains on track to return to annual profit after a parcel boost over Christmas as its £3.6 billion takeover by Czech billionaire Daniel Kretinsky nears completion. - (PA Wire)

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

International Distribution Services (IDS) said Royal Mail delivered more than 99% of items that were posted on or before the recommended cut off date in time for Christmas.

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