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Royal Mail owner IDS delays results amid takeover bid

Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results – which were originally due on Thursday morning – after auditor KPMG requested additional time to complete procedures. “The group’s auditor, KPMG, has requested additional time to complete the …

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Royal Mail fails to deliver annual results

The owner of Royal Mail group switched from takeover controversy to farce today when it took nearly seven hours to tell the stock market that it would not be able to publish its annual results as scheduled. When International Distributions Services, Royal Mail’s holding company, finally got round to making …

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Royal Mail owner fails to publish results

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Royal Mail’s owner has delayed reporting its full-year financial results after auditor KPMG requested more time to complete a review, increasing investor concerns as the lossmaking company faces a takeover …

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