The postal group's stock, which has been declining since hitting a peak of more than 600p in February, dropped by as much as 4 per cent to 445.1p in early trade More: continued here
Read More »Royal Mail shares drop below first day close of 455p after warning on parcel … – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares drop below first day close of 455p after warning on parcel …Telegraph.co.ukMoya Greene, the chief executive of Royal Mail, said in an update that while the business delivered "low single digit revenue growth" in the three months to June 29 helped by good performance in letters, …
Read More »Royal Mail warns on lower parcel revenue as competition bites – Evening Standard
Evening Standard Royal Mail warns on lower parcel revenue as competition bitesEvening StandardIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading – though the sharp rise was at the time …
Read More »Royal Mail parcel revenues come undone – The Times (subscription)
Royal Mail parcel revenues come undoneThe Times (subscription)Royal Mail was under renewed pressure ahead of its annual meeting of shareholders today as the privatised postal carrier warned of lower than expected revenues at its struggling parcels business. In a trading update to the City covering the three … More: continued …
Read More »Royal Mail shares drop below first day close of 455p after warning on parcel revenue
Postal delivery service warns parcels revenue for year likely to be lower than expected More: continued here
Read More »Updates from Royal Mail, Croda and QinetiQ – Aol Money
Updates from Royal Mail, Croda and QinetiQAol Money"Our parcels revenue," says Royal Mail, "will be dependent on our performance in the second half, which includes the Christmas trading period, and on no further weakening in our addressable UK parcels market." Royal Mail holds its first AGM since … More: continued here
Read More »Royal Mail warns on lower parcel revenue
Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations. More: continued here
Read More »Could Royal Mail shares fall below first day close of 455p after warning on parcel revenue?
Postal delivery service warns parcels revenue for year likely to be lower than expected More: continued here
Read More »Royal Mail Warns Of Hit To Parcel Revenues
Royal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. More: continued here
Read More »MP calls for Ofcom to review Royal Mail’s Universal Service Obligation – Buteman
Buteman MP calls for Ofcom to review Royal Mail's Universal Service ObligationButemanSpeaking in Parliament, Mr Reid said: “Royal Mail is legally obliged to deliver to every home and business in the country, as well as to collect from every post box in the country six days a week, at the …
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