Royal Mail plc announced revenue results for the nine months ended December 25, 2016. For the period, the company reported group revenue was in line with its expectations, with 9% revenue growth in GLS offsetting a 2% decline in UKPIL revenue. UK parcel revenue was up 3% with volumes up 2%. Total letter revenue was down 5% with addressed letter volumes, excluding elections, declining by 6%. The group revenue was flat compared to a previous year.