Business Post could double in size over 3 years following UK Royal Mail deal
Paul Carvell, chief executive of Business Post PLC, said today’s ground-breaking access agreement with Royal Mail PLC could double the size of Business Post over the next three years. Under the terms of the deal, business letters sent via Business Post’s UK Mail division will be delivered by Royal Mail, who will be charging around 13 pence per letter for the service. Analysts have assumed that 2006 will see an achievement of 1.5 pct market share, rising to 3 pct by 2007. Carvell said the group is targeting a 3 pct market share in the medium term.
Read More
