Royal Mail 2015 pretax profit hit by chargesMarketWatchLONDON–U.K. postal company Royal Mail PLC (RMG.LN) said Thursday it is trading in line with expectations though conditions remain challenging, as it posted a fall in pretax profit because of exceptional charges. The company reported a pretax profit of …Royal Mail FY15 Pretax Profit …
Read More »Royal Mail FY15 Pretax Profit Declines – Benzinga
Royal Mail FY15 Pretax Profit DeclinesBenzingaRoyal Mail's pretax profit for the year slipped to 400 million pounds ($621 million), versus a year-ago profit of GBP1.66 billion. Excluding certain items, the company's pretax profit surged to GBP569 million versus GBP419 million. Adjusted EPS climbed …LONDON MIDDAY BRIEFING: Royal Mail Outlook Causes …
Read More »Royal Mail blames competition for lower revenues – Financial Times
Financial Times Royal Mail blames competition for lower revenuesFinancial TimesRoyal Mail blamed tough competition for lower-than-expected revenues from its key UK parcels business last year, although the recently privatised mail operator sought to reassure shareholders that it is delivering on cost savings. Pre-tax profit last …Royal Mail reports rise in …
Read More »Royal Mail boosts pension contribution by 50% and installs plans for holiday … – Workplace Savings & Benefits
Workplace Savings & Benefits Royal Mail boosts pension contribution by 50% and installs plans for holiday …Workplace Savings & BenefitsWe hope to take a collaborative approach once the case law becomes clearer. "Based on our estimates of the potential financial impact, we believe that we have made sufficient provision for …
Read More »Royal Mail: kisses through the post from Moya the Destroyer – Financial Times
Royal Mail: kisses through the post from Moya the DestroyerFinancial Times“Dear Mr Investor, You own 0.0001 per cent of my company's stock. So I'm sure you'll be as pumped as I am that full-year operating profits after transformation costs leapt 5 per cent to £595m. I'm smiling warmly at you! …
Read More »UPDATE 1-Cost savings help Royal Mail deliver profit rise – Reuters
UPDATE 1-Cost savings help Royal Mail deliver profit riseReutersRoyal Mail's shares have fallen 19 percent below their post-privatisation peak on concerns over a squeeze on parcel prices caused by over capacity in the market, the threat of a rival letter-delivery service, regulatory disputes and concerns over its …and more » More: …
Read More »Parcel hopes fail to stack up for Royal Mail – The Times (subscription)
The Times (subscription) Parcel hopes fail to stack up for Royal MailThe Times (subscription)Royal Mail has reported a rise in its full-year profits but anticipated growth in its parcels division has failed to offset declining delivery volumes. The 499-year-old postal network privatised in a stock market flotation in October 2013, …
Read More »CommentFT Opening Quote – Royal Mail, Booker Group – Financial Times
ESM – The European Supermarket Magazine CommentFT Opening Quote – Royal Mail, Booker GroupFinancial TimesRoyal Mail, a company that continues to divide City opinion, has announced full-year results. Sales and operating profits after restructuring costs are a shade ahead of some analysts' predictions at £9.4bn and £595m respectively. The outlook …
Read More »Royal Mail reports profits rise – BBC News
BBC News Royal Mail reports profits riseBBC NewsRoyal Mail has reported a rise in full-year profits, with cost cuts helping the company in a "challenging" market. It reported £740m in annual adjusted operating profit before transformation costs, up 6% from a year earlier. Revenues in the year to 29 …CompaniesRoyal …
Read More »UK stocks get a boost from miners; Royal Mail loses ground – MarketWatch
MarketWatch UK stocks get a boost from miners; Royal Mail loses groundMarketWatchRoyal Mail RMG, -0.48% shares were down 1.3% after the postal company reported a fall in 2015 pretax profit to 400 million pounds ($621 million) from £1.66 billion a year earlier. It attributed the dip in part to exceptional …
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