(Reuters) - Royal Mail owner International Distributions Services on Friday posted a narrower pre-tax annual loss and announced a special dividend.
This comes a week after the company said that it is set to agree to a takeover bid by Daniel Kretinsky's investment vehicle EP Group if a formal offer given.
The company reported a loss before tax of 75 million pounds ($95.52 million) for the year ended March 2024, compared to a loss before tax of 110 million pounds, reported last year.
($1 = 0.7852 pounds)
(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shailesh Kuber)