FTSE 100 higher after Royal Mail posts strong earningsHalifax Evening CourierThe biggest risers in the FTSE 100 Index were Johnson Matthey up 237p at 2694p, CRH up 97p at 1875p, Royal Mail up 22.5p at 476.7p, and Hikma Pharmaceuticals up 62p at 2110p. The biggest fallers were G4S down 6.7p …
Read More »FTSE 100 lifted by Royal Mail gains and US interest rate hike hint – expressandstar.com
expressandstar.com FTSE 100 lifted by Royal Mail gains and US interest rate hike hintexpressandstar.comRoyal Mail was 6% higher – up 27.3p to 481.5p – in the FTSE 100, despite reporting a 2% fall in half-year underlying earnings to £342 million in the face of further letter volume declines. The group …
Read More »RMG’s profit – Interactive Investor
RMG's profitInteractive Investor"Royal Mail is the pre-eminent letters and parcels carrier in the UK. We have delivered a resilient performance in the first half, demonstrating our ability to respond to a competitive trading environment. "We delivered parcel volume and revenue growth …Royal Mail's H1 profit fallsStock Market Wireall 3 news …
Read More »Royal Mail profit falls by almost a third as it invests for the future – Motor Transport (blog)
Motor Transport (blog) Royal Mail profit falls by almost a third as it invests for the futureMotor Transport (blog)Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation. A trading statement …
Read More »Thursday market close: FTSE soars after Royal Mail delivers – Scotsman
Thursday market close: FTSE soars after Royal Mail deliversScotsmanRoyal Mail posted underlying operating profits down 2 per cent over the six months to September 27, but analysts said parcel growth performed well against lower letter deliveries while costs fell more quickly than expected. Shares lifted 5 per cent, or …and …
Read More »Scott Reid: FTSE soars after Royal Mail delivers – Scotsman
Yahoo News UK Scott Reid: FTSE soars after Royal Mail deliversScotsmanRoyal Mail posted underlying operating profits down 2 per cent over the six months to September 27, but analysts said parcel growth performed well against lower letter deliveries while costs fell more quickly than expected. Shares lifted 5 per cent, …
Read More »Royal Mail: why are shares surging after profits fall? – The Week UK
The Week UK Royal Mail: why are shares surging after profits fall?The Week UKRoyal Mail shares surged to a three-month high this morning, rising by more than five per cent to 478p, despite its half-year profits falling sharply. In its interim results announcement this morning, its first as a fully …
Read More »FTSE boosted by Johnson Matthey, Royal Mail updates – Yahoo News UK
FTSE boosted by Johnson Matthey, Royal Mail updatesYahoo News UKLONDON (Reuters) – Britain's FTSE 100 rose sharply on Thursday, tracking a rally in global equities, boosted by strong updates from the likes of Johnson Matthey and Royal Mail and a rally in miners. Britain's FTSE 100 was up 81.69 points, …
Read More »Royal Mail profits fall, … – Bitterwallet
Bitterwallet Royal Mail profits fall, …BitterwalletWell, the Royal Mail are purchasing same day-delivery firm eCourier, which means they can take on Argos and Amazon, who have been lording it up with their same-day services. Whether eCourier will continue to trade under their own name, or be rebranded … More: continued here
Read More »Royal Mail to cut 3000 jobs in light of letters decline causing profit to … – International Business Times UK
International Business Times UK Royal Mail to cut 3000 jobs in light of letters decline causing profit to …International Business Times UKRoyal mail has announced to cut 3,000 jobs in an effort to save costs in a time of declining letter sales. The delivery service saw its share price soar …
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