Proactive Investors UK Royal Mail's profits drop on pension charges, revenues rise on growth in parcelsProactive Investors UKRoyal Mail warned that it expects letter volumes the next fiscal year to reach the top end of its guidance range for a decline of between 4-6%. Royal Mail says it will continue …
Read More »EU data protection rules to hit letter sending, Royal Mail says – Financial Times
Financial Times EU data protection rules to hit letter sending, Royal Mail saysFinancial TimesNew European Union rules on data protection have led Royal Mail to predict that the decline in letters sent by Britons will be at the higher end of its previous estimates, as the postal group delivered a …
Read More »Royal Mail yearly pretax profit declines – MarketWatch
Proactive Investors UK Royal Mail yearly pretax profit declinesMarketWatchRoyal Mail PLC (RMG.LN) said Thursday that fiscal 2018 pretax profit declined 37% due to a pension charge. For the financial year ended March 25, the company made a profit of 212 million pounds ($286.8 million) compared with GBP335 million the year …Royal …
Read More »Royal Mail PLC Perform well in challenging environment – DirectorsTalk Interviews
DirectorsTalk Interviews Royal Mail PLC Perform well in challenging environmentDirectorsTalk InterviewsThe Royal Mail Pension Plan closed to future accrual in its Defined Benefit form on 31 March 2018. A new Defined Benefit Cash Balance Scheme was put in place from 1 April 2018. The overall ongoing annual cash cost of …
Read More »Royal Mail revenue rises boosted by GLS, parcel volumes – Reuters UK
Reuters UK Royal Mail revenue rises boosted by GLS, parcel volumesReuters UK(Reuters) – Britain's Royal Mail Plc (RMG.L) reported a 2 percent rise in annual revenue on Thursday helped by parcel volume growth and its European parcels business GLS. File Photo: A postal worker carries mail bags from a van …
Read More »LONDON MARKET PRE-OPEN: Ocado Inks US Deal; Royal Mail CEO Out On High – Interactive Investor
LONDON MARKET PRE-OPEN: Ocado Inks US Deal; Royal Mail CEO Out On HighInteractive InvestorLONDON (Alliance News) – Stocks in London are set for a tentative start on Thursday as the pound moves off its worst levels of 2018, while Ocado signed a major new technology partnership deal in the US …
Read More »Royal Mail under fire over £6m payment to incoming chief – Financial Times
Financial Times Royal Mail under fire over £6m payment to incoming chiefFinancial TimesTrade unions have attacked the decision by Royal Mail to pay almost £6m to its incoming chief executive to buy out his contract as the head of the UK postal group's European parcels division. Rico Back received a …
Read More »Royal Mail board hands ‘secret’£6m payment to new chief – Sky News
Sky News Royal Mail board hands 'secret' £6m payment to new chiefSky NewsThe €6.6m (£5.8m) sum will be disclosed by Royal Mail in its annual report, which will be published in the next few weeks, according to insiders. However, Sky News can reveal that the company paid the money to …
Read More »Royal Mail share price subdued ahead of group’s full-year results – iNVEZZ
iNVEZZ Royal Mail share price subdued ahead of group's full-year resultsiNVEZZShares in Royal Mail Group (LON:RMG) have fallen into the red in today's session, ahead of the privatised postal operator's full-year results tomorrow. The update will mark the last results under chief executive Moya Greene who is set to be …
Read More »Royal Mail in the spotlight, but will Thomas Cook deliver more growth? – Proactive Investors UK
Proactive Investors UK Royal Mail in the spotlight, but will Thomas Cook deliver more growth?Proactive Investors UKRoyal Mail Group Plc's (LON:RMG) final results on Thursday will mark the final full year numbers for outgoing chief executive Moya Greene. It has already been announced that she will retire in September to …
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