Annual Report
Guernsey Post returns to profit
Guernsey Post is pleased to announce a profit for 2011/12, despite facing significant financial challenges, including the loss of Low Value Consignment Relief (LVCR), and the continuing decline in traditional mail volumes.
The improvement in performance can be attributed to a number of factors including strong volume growth in International mail, and the achievement of a significant cost reduction plan.
The return to profit allows Guernsey post to reinstate its ordinary dividend to the Shareholder, which will be £89k.
- What next?
- You can read more of this press release
- You can read the full Annual Report (year ending 31 March 2012)