The FTSE100 delivery company said its core parcels division was suffering due to competition from Amazon – the online retailer which is also its biggest customer More: continued here
Read More »Royal Mail shares fall amid threat from Amazon – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares fall amid threat from AmazonTelegraph.co.ukThe Canadian boss insisted that a strong performance in letters and successful cost cutting measures meant that Royal Mail was on track to meet its full year results forecasts. However, the company said results would be “dependent on our performance in … …
Read More »Royal Mail: Can posties compete with Amazon’s drones? – Telegraph.co.uk
Telegraph.co.uk Royal Mail: Can posties compete with Amazon's drones?Telegraph.co.ukLittle wonder that Royal Mail has admitted that it's losing out to Amazon in the UK parcels market. Shares in the FTSE100 delivery giant have hit their lowest point since the privatisation in October as Royal Mail admitted parcel volumes have been …
Read More »Royal Mail shares: are professional investors selling out?
Shares in Royal Mail have risen strongly since it floated on the stock market – then fallen almost as quickly. Has this prompted once-enthusiastic fund managers to sell? More: continued here
Read More »Royal Mail: Posties can’t compete with Amazon’s drones – Telegraph.co.uk
Telegraph.co.uk Royal Mail: Posties can't compete with Amazon's dronesTelegraph.co.ukLittle wonder that Royal Mail has admitted that it's losing out to Amazon in the UK parcels market. Shares in the FTSE100 delivery giant have hit their lowest point since the privatisation in October as Royal Mail admitted parcel volumes have been …
Read More »Royal Mail hit by parcel revenue fall
Royal Mail's share price falls as it 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 shares: are professional investors selling out? – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares: are professional investors selling out?Telegraph.co.ukThe company needs the regulator to address the competition threat – a viable universal service is enshrined in law, but the new entrants such as TNT are picking off the valuable postcodes. And Amazon is withdrawing its entire business from Royal Mail… …
Read More »Royal Mail shares hit as parcel revenue falls – BBC News
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 …
Read More »Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue – International Business Times UK
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 …
Read More »Royal Mail Says Strong Letters Volumes Balancing Out Parcel Pressure – Update – NASDAQ
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
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