Guernsey Post

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Helping the Community

Annual Report

 

Guernsey Post remains in profit despite a difficult year

Guernsey Post has delivered a profit for the people of the Bailiwick and met customer service and regulatory targets despite a challenging year.

In the year to 31 March 2010, turnover rose to £45.4m following strong growth in priority services and UK and International bulk mail volumes. Underlying profit was £1.2m but this was reduced to £0.162m by exceptional items. However, the company will make a dividend payment to the States of Guernsey based on profit before exceptional items are taken into account.

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