Jersey Post has published its 2014 financial results showing an operating profit of $1.63m (US$2.54m) and an increase of 3.3% in turnover to £35.4m (US$55m) when compared with 2013. The post claims that nearly two thirds of logistics postings are to non-UK destinations, highlighting the post’s relationship with more than 200 postal authorities across the world.
Mike Liston, OBE, chairman of Jersey Post, said, “At the end of its first decade as an incorporated company, Jersey Post is entering a new era of opportunity as it seeks growth in overseas territories to build new, sustainable revenue streams. The business is forward looking and ready for the challenges of growth.”
Tim Brown, CEO of Jersey Post, said, “Jersey Post has been through a period of significant cultural and commercial change but is now well placed to take advantage of opportunities that exist for new income streams. These will not only benefit the business, but will enable us to continue to invest in our products and services for our core customer base in Jersey. The future is not without its challenges: situations outside of our control continue to have a potential impact on operations, service and profitability. We are confident, however, that our staff and our management team will meet these challenges and continue to deliver an excellent service for the people of Jersey.”
July 15, 2015