Royal Mail (Other OTC: ROYMF – news) has reported an operating profit of £430m in its first full-year results since privatisation. Parcels now contribute more than 50% of Royal Mail's revenue – £4.82bn – after a 7% rise, although volumes remained flat. More: continued here
Read More »Royal Mail Report £430m Full-Year Profit – Yahoo Finance UK
Royal Mail Report £430m Full-Year ProfitYahoo Finance UKRelated Content. View Photo. Royal Mail (Other OTC: ROYMF – news) has reported an operating profit of £430m in its first full-year results since privatisation. More follows… Email 0; Share 0. Tweet. 0. Share0; Print …and more » More: continued here
Read More »Priority investors made at least £98m selling Royal Mail shares in its first … – Bureau of Investigative Journalism
Priority investors made at least £98m selling Royal Mail shares in its first …Bureau of Investigative JournalismRoyal Mail's priority investors made at least £98m from share sales in the first six days of trading. (Image: Shutterstock.com). Last October the government, advised by Lazard & Co, allocated 22% of new shares …
Read More »UK's Royal Mail warns on competition as profits rise
By Neil Maidment LONDON (Reuters) – Newly privatised Royal Mail posted a 12 percent rise in full-year profit on Thursday and said it was taking steps to address increasing competition in both parcels and letters. The UK postal firm, which had long posted financial losses until two years ago, said …
Read More »Royal Mail share price: Company to trial Sunday parcel delivery service – iNVEZZ
Royal Mail share price: Company to trial Sunday parcel delivery serviceiNVEZZiNVEZ.com, Wednesday, May 21: Royal Mail (LON:RMG) is to trial a Sunday delivery service for parcels, as it looks to address growing demand driven by consumers ordering goods online. The recently-privatised postal services group said today that it … More: …
Read More »Royal Mail to deliver parcels on Sundays: Sorting offices will also open to … – Daily Mail
Royal Mail to deliver parcels on Sundays: Sorting offices will also open to …Daily MailIt is also a sign of the increasing importance of parcels to Royal Mail– it handles more than one billion of them every year – which will today reveal its first annual financial results since it …
Read More »Royal Mail Posts £430m In Full-Year Profits
Royal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous … More: continued here
Read More »Business Live: Royal Mail reports first results since part privatisation – BBC News
Business Live: Royal Mail reports first results since part privatisationBBC NewsThe main European markets all woke up on the right side of bed this morning, with the FTSE 100, Dax and Cac 40 all marginally up. SABMiller is driving the London index, up more than 3.5% after reporting a rise …
Read More »Royal Mail reports profit of £671m
File photo dated 17/12/13 of Royal Mail staff sorting Christmas parcels at Nottingham Mail Centre in Beeston. Photo: Rui Vieira/PA Wire Royal Mail is legally bound to deliver letters six days a week to every address in Britain for the same price.The universal service was enshrined in an act of …
Read More »Royal Mail annual profits rise amid fierce competition from rivals – The Guardian
The Guardian Royal Mail annual profits rise amid fierce competition from rivalsThe GuardianRoyal Mail's annual profit rose more than 6% but the privatised postal service faces increased competition in its parcels business and a regulatory threat to its letters operation. Operating profit after one-off costs rose to £430m from £403m …
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