Business Post delivers on full year

MAIL and parcels firm Business Post yesterday said its financial year had been better than expected, despite weaker revenues in the second half.

The company, which picks up and sorts post ahead of delivery by Royal Mail, said difficult economic conditions hampered its parcels business while growth in mail eased from the "very high levels" seen previously.

Business Post said it believed it was gaining share in its markets, also benefiting from high levels of efficiency.