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Royal Mail, Persimmon buck otherwise weak FTSE 100

The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …

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Special Dividend Delivers for Royal Mail Share Price

The Royal Mail [RMG.LSE] share price is up 5% today after the company reported strong growth in half-year profits. Royal Mail to return £400m to shareholders as profits beat guidance Royal Mail Group today reported half-year revenue of just over £6bn, up 7.1% year-on-year, in line with expectations. Group adjusted operating profit came …

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Royal Mail opens fully automated sorting machine

A fully automated parcel sorting machine which can process 180,000 parcels per day has been installed by Royal Mail in its Tynside Mail centre. The machine consists of an system of conveyor belts and scanning technology which automatically sorts parcels so that they are ready for dispatch within Royal Mail’s …

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Royal Mail – rising revenues and improving efficiency

No recommendation No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest. Royal Mail reported a 7.1% year-on-year increase in first half revenues, reaching £6.1bn. That reflects good growth internationally, …

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