Royal Mail Q1 results on track

Royal Mail Group’s CEO Rico Back has said that the group’s performance for the first three months of the financial year 2019-20 has been as planned.

Back announced this at Royal Mail’s 2019 AGM in Exeter on Thursday.

“Overall, our performance in the first three months of the 2019-20 financial year has been in line with our expectations. The Company reiterates its outlook for the 2019-20 financial year. All other targets and ambitions as set out in our financial results for the full year ended 31 March 2019, and based on the assumptions set out therein, remain unchanged.”

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