Home / Royal Mail / Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue

Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue

Royal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. In an interim statement, Royal Mail said its group revenues were up 2% but that its UK parcels revenues had dipped by 1%. The communications firm, which was privatised in October 2014 in a controversial sell off by the UK …

More: continued here

About admin

Check Also

Royale Pagaille wins Betfair Chase for the second consecutive year after thrilling battle with Grey Dawning at Haydock

Royal Pagaille showed remarkable courage and tenacity to win the Betfair Chase Owner Rich Ricci …

Leave a Reply

Your email address will not be published. Required fields are marked *