The West Australian Royal Mail says on track to deliver cost cuts, has strongThe West AustralianLONDON (Reuters) – Postal firm Royal Mail said it was on track to meet its cost reduction target and reported a better than expected increase in British parcel volumes of 4 percent in the first …
Read More »Royal Mail sees letters drop-off offset by parcel volume rise – Motor Transport (blog)
Royal Mail sees letters drop-off offset by parcel volume riseMotor Transport (blog)Rising parcel volume almost offset the fall in Royal Mail's letters volume, a trading statement for the nine months ended 27 December 2015 said. The carrier said performance was “in line with expectations” after parcels volume in December 2015 …
Read More »Royal Mail handles more parcels after signing contracts with retailers – The Guardian
The Guardian Royal Mail handles more parcels after signing contracts with retailersThe GuardianRoyal Mail has reported a strong Christmas period after new contracts to deliver parcels for retailers paid off and households ordered more goods directly from China. The formerly state-owned delivery service handled 130m parcels in December, up by …
Read More »Sqeeze on prices limits revenue growth at Royal Mail despite busy Christmas for parcels – East Anglian Daily Times
East Anglian Daily Times Sqeeze on prices limits revenue growth at Royal Mail despite busy Christmas for parcelsEast Anglian Daily TimesThe parcels business is being seen as Royal Mail's engine for growth, given the ongoing decline in letters. Rival City Link was forced out of business in December 2014 amid …
Read More »CompaniesRoyal Mail delivered 130m parcels over December – Financial Times
CompaniesRoyal Mail delivered 130m parcels over DecemberFinancial TimesRoyal Mail needs to send a thank-you card to Santa's increasingly web savvy elves, it seems. The Christmas rush of online shopping helped the delivery company to a 6 per cent rise in parcel deliveries in December, compared to the same month in …
Read More »Parcels boost delivers great Christmas for Royal Mail – expressandstar.com
expressandstar.com Parcels boost delivers great Christmas for Royal Mailexpressandstar.comShares in Royal Mail lifted 3% as analysts praised a solid performance. Charles Huggins, investment analyst at Hargreaves Lansdown, said: " Royal Mail is performing well in a tough environment and has delivered solid performance over the key Christmas … More: continued here
Read More »Royal Mail hails good performance – BBC News
BBC News Royal Mail hails good performanceBBC NewsRoyal Mail has said trading over the past nine months "fully met" its expectations. It said parcel volumes had risen by 4% over the period, with volumes in December up 6% as it handled 130 million parcels over Christmas. Letter volumes fell 3 …
Read More »Royal Mail and Cofely seal Romec buyout deal – FM World
FM World Royal Mail and Cofely seal Romec buyout dealFM WorldIt is intended that Romec will continue to operate as a separate company within the Royal Mail Group and current employees will retain their Romec terms and conditions. A package of measures will be put to a ballot of CWU …
Read More »Royal Mail says on track to deliver cost cuts – RTE.ie
RTE.ie Royal Mail says on track to deliver cost cutsRTE.iePostal firm Royal Mail said it was on track to meet its cost reduction target and reported a better than expected increase in UK parcel volumes of 4% in the first nine months of its financial year. Prospects for Royal Mail, …
Read More »London: Royal Mail Plc (LON:RMG)’s Stock Had Its “Hold” Rating Restated at Deutsche Bank in Report Issued Today … – OctaFinance.com
London: Royal Mail Plc (LON:RMG)'s Stock Had Its "Hold" Rating Restated at Deutsche Bank in Report Issued Today …OctaFinance.comThey currently have a GBX 435.00 PT on Royal Mail Plc (LON:RMG). Deutsche Bank's target would suggest a potential upside of 3.22 % from the company's last stock close price. This was …
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