Royal Mail

Royal Mail said it had resumed overseas tracked and signed-for services to all destinations for online customers after the cyber attack by ransomware gang Lockbit, which has links to Russia. The carrier, owned by International Distribution Services, said it had “made further progress in exporting an increasing number of items …

International Distribution Services has published an update for the 9 months to end of December 2022, revealing Royal Mail’s  year to year adjusted operating loss of £295 million. Financial highlights Revenue down 12.8% year on year in the nine-month period. Performance continues to be driven by a return to structural …

Key events Filters BETA Key events (8)UK (8)TSB (3)China (3)US (3) Royal Mail restarts international deliveries following cyber-attack Royal Mail has resumed international deliveries following a damaging cyber-attack on its business, and revealed that recent strikes by postal workers cost it £200m and pushed it into a hefty operating loss. …

Royal Mail has revealed the cost of strike action in a bitter dispute over pay and conditions has reached around £200 million, helping pushing the business to a hefty operating loss. The group’s owner, International Distributions Services (IDS), revealed Royal Mail’s operating losses mounted to £295 million in the first …

Royal Mail has revealed the cost of strike action in a bitter dispute over pay and conditions has reached around £200 million, helping pushing the business to a hefty operating loss. The group’s owner, International Distributions Services (IDS), revealed Royal Mail’s operating losses mounted to £295 million in the first …

Jan 26 (Reuters) – UK’s Royal Mail forecast a narrower loss for the current fiscal year, helped by measures to keep costs low, although its expects cash flow to slip into negative for 2024 as it reels from the impact of a series of strikes, its parent firm said on …

The 507-year-old Royal Mail, which was privatised in 2013, is in the middle of a crisis after losing millions of pounds due to staff strikes in a long-running row over pay and conditions. The company now expects an adjusted operating loss near the mid-point of its previous forecast range of …

Britain’s coal fired power stations have been warmed up again amid concerns over the country’s energy supply. National Grid’s Electricity System Operator said it was a “prudent” organisation and the move was a contingency measure. 5 things to start your day  1) Baffling Brexit plan will wreck trade, says M&S chief …

All news about INTERNATIONAL DISTRIBUTIONS SERVICES PLC Analyst Recommendations on INTERNATIONAL DISTRIBUTIONS SERVICES PLC Sales 2023 12 250 M 15 133 M 15 133 M Net income 2023 -263 M -325 M -325 M Net Debt 2023 1 508 M 1 863 M 1 863 M P/E ratio 2023 -7,52x Yield 2023 3,20% Capitalization 2 078 M 2 567 M 2 567 M EV / Sales 2023 0,29x …

A 12-month pilot postal recycling scheme involving community pharmacies has seen the return of more than 20,000 asthma inhalers across Leicester, Leicestershire and Rutland, according to figures published in npj Primary Care Respiratory Medicine. The ‘Take Action for Inhaler Recycling’ (Take AIR) scheme has saved the equivalent of an estimated …