Royal Mail

BBC News Royal Mail shares hit as parcel revenue fallsBBC NewsRoyal Mail shares have fallen after the company said that price changes and competition from rivals had affected its parcels business. Shares closed down 3.4% at 450 pence, below the level they hit on the first day of trading as …

International Business Times UK Royal Mail Shares Dip as Finances Hit by Falling Parcels RevenueInternational Business Times UKRoyal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. Instead, the postal …

Royal Mail Says Strong Letters Volumes Balancing Out Parcel Pressure – UpdateNASDAQRoyal Mail PLC (RMG.LN) warned Tuesday over intensifying competition in the parcel delivery market, but said a stronger-than-expected performance from its letters business will help it meet full-year expectations. "Given the increasing challenges we … More: continued here

New Statesman Its share price has fallen, but the Royal Mail sale was still a debacleNew StatesmanAn announcement today, from the recently privatised Royal Mail PLC, has reignited the debate over whether the company was sold incompently by the coalition. A slight fall in the share price has led some …

Chief executive Moya Greene said revenue growth of just 2% for the three months was "in line with our strategy". Letter volumes fell 3% – less than expected – and were easily offset by higher prices and election traffic. In fact, letter revenue actually grew 3% this time. But a …

Shares in Royal Mail have dropped to their lowest point since privatisation as the FTSE100 delivery company admits it is suffering from "intensifying competition" from the likes of Amazon More: continued here

Royal Mail delivers disappointing updateScotsmanRoyal Mail shares this morning fell to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. The stock, which has … More: continued here

Evening Standard Royal Mail shares fall after warning over Amazon blow to parcels businessEvening StandardRoyal Mail placed its parcels division at the centre of its growth plans in its £3 billion flotation, claiming it was “well-positioned to benefit further from predicted levels of growth in the overall UK parcel market” …

Shares in Royal Mail have dropped to their lowest point since privatisation as the FTSE100 delivery company admits its suffering from "intensifying competition" from the likes of Amazon More: continued here

Royal Mail struggles to deliver as competition for parcels growsFinancial TimesRoyal Mail has reported weaker than expected performance in UK parcels and warned that it faces “increasing challenges” in that crucial battleground, sending its share price down to its lowest level since October's flotation. Moya Greene, chief … More: continued …