UKM UK Mail Group

 

TIDMUKM 
 
RNS Number : 8496J 
UK Mail Group PLC 
08 April 2010 
 
 
8 April 2010 
                                UK Mail Group plc 
                            Pre-Close Trading Update 
 
UK Mail Group plc today issues the following pre-close trading update for the 
year ended 31 March 2010. 
 
The fourth quarter has seen solid progress, with Group revenues for the period 
increasing by some 2% year on year, leading to Group revenues for the full 
financial year being in line with the previous year. 
 
Our Parcels business has continued to improve through the second half, 
increasing both revenue and market share, with continued pricing pressures more 
than offset by strong volume growth. 
 
Our Mail business has also continued to grow its revenues, launch innovative new 
products and win new customers.  We have very recently signed an important new 
contract with Royal Mail which will allow us to operate a packet collection and 
delivery service, utilising Royal Mail for final delivery.  This will enable us 
to offer customers a price competitive service in the high growth packet sector 
of the postal market. 
 
Specialist Services has shown further overall revenue growth, with our Pallets 
business showing an improving trend of performance and our Courier business 
continuing its strong growth through the second half. 
 
As a result of this good trading performance, we are confident about the outcome 
for the full year. 
 
UK Mail Group plc will report its preliminary results for the year ended 31 
March 2010 on 19 May 2010. 
 
                                    - Ends - 
 
 
+------------------------+-----------------------+ 
| Enquiries:                                     | 
+------------------------------------------------+ 
| UK Mail Group plc      |                       | 
+------------------------+-----------------------+ 
| Guy Buswell, Chief     | 0121 335 1111         | 
| Executive              | 01753 706070          | 
| Steven Glew, Finance   |                       | 
| Director               |                       | 
+------------------------+-----------------------+ 
|                        |                       | 
+------------------------+-----------------------+ 
| Hogarth                |                       | 
+------------------------+-----------------------+ 
| John Olsen             | 020 7357 9477         | 
| Ian Payne              |                       | 
+------------------------+-----------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTIRMATMBMMBPM 
 

UK Mail (LSE:UKM)
Historical Stock Chart
From Jun 2024 to Jul 2024

UK Mail (LSE:UKM)
Historical Stock Chart
From Jul 2023 to Jul 2024