This month’s court verdict, the continuing impact from the summer’s work stoppages and a hefty $2.2bn hit from its struggling pension fund saw Canada Post Group reporting a $163m pre-tax loss for the third quarter of the year.
Read MoreRoyal Mail has reported improved financial performance in the first half of its fiscal year, with revenue up 5% and pre-tax profits more than triple those seen in the same period in 2010.
Read MoreAustrian Post has reported a “very satisfactory” first three quarters of the year, with growth in parcel and advertising mail volumes more than countering declines in addressed letters.
Read MoreRussian Post has seen a 15% growth in its revenues during the first nine months of 2011, compared to the same period last year.
Read MoreUK Mail Group has seen revenues increasing 5.7% but profits down 8% year-on-year in the six months up to the end of September.
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