Royal Mail has warned of a hit to its full year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total … More: continued here
Read More »Royal Mail warns on lower parcel revenue as competition bites
Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations after rising competition meant parcels revenue would be lower than anticipated. The postal operator, sold off to much controversy last October in Britain's biggest privatisation in decades, said on …
Read More »Royal Mail Warns Of Lower Parcel Revenues
Royal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total … More: continued here
Read More »Royal Mail sees parcels revenue fall
Royal Mail warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year. More: continued here
Read More »Royal Mail feels the pressure – IFR Asia
Royal Mail feels the pressureIFR AsiaThose known to be considering issuance this week include Royal Mail and Italian construction firm Maire Tecnimont. The former faces further scrutiny as French competition authorities announced an investigation last week over allegations the company's … More: continued here
Read More »Monday newspaper round-up: Gaza, BSkyB, Royal Mail… – ShareCast
Monday newspaper round-up: Gaza, BSkyB, Royal Mail…ShareCastUS President Barack Obama has called for an "immediate ceasefire" between Israel and Hamas, after the bloodiest day of fighting in Gaza raised the number of Palestinians killed to 476. The call came as Israel escalated its offensive which on Sunday … More: continued here
Read More »Royal Mail share price subdued ahead of trading update – iNVEZZ
Royal Mail share price subdued ahead of trading updateiNVEZZIn May, Royal Mail posted its first annual results as a public company, reporting that full-year sales had climbed two percent to £9.46 billion in the year ended March 30, 2014 (Royal Mail share price: Company reports full-year profit growth). However …Letter-writer …
Read More »Sunday share tips: Wincanton, Royal Mail, Petropavlovsk – ShareCast
Sunday share tips: Wincanton, Royal Mail, PetropavlovskShareCastThe decision by French competition authorities to launch an investigation into the practices of Royal Mail's European parcel service operation, GLS, could see the company face a fine of as much as £160m, according to analysts at Espirito Santo. The … More: continued here
Read More »Tuesday’s agenda: Royal Mail back in the headlines – Proactive Investors UK
Tuesday's agenda: Royal Mail back in the headlinesProactive Investors UKDeutsche Bank predicted “many challenges” ahead for the group such as a “structural decline in traditional mail volumes”, as well as mounting competition from TNT Post UK, pricing pressures and wage inflation. “We think these pressures can be offset to … More: …
Read More »Lancashire village Loveclough doesn't exist (according to Royal Mail)
Loveclough sits on the edge of the Pennine hills in Lancashire and is renowned as a beauty spot where visitors can go trout fishing and bird watching. More: continued here
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