Royal Mail

BBC News Royal Mail in £74m fall in profitsBBC NewsRoyal Mail has reported a fall in half-year profits, with the company feeling the impact of competition from new parcel delivery rivals. Pre-tax profits for the six months to 28 September fell to £218m, from £233m in the same period last …

The Week UK Royal Mail shares dive as profits fall by a fifthThe Week UKRoyal Mail shares fell by almost six per cent when trading began this morning after the company announced a 21 per cent fall in half-year profits. Competition from online sellers offering same-day delivery and other courier …

Royal Mail share price falls as profits drop after struggles with competitionCITY A.M.This isn't what Royal Mail shareholders wanted to hear in the run-up to its busiest month: shares fell 7.3 per cent in the early afternoon as the 500-year-old postal service said its delivery operations faced "stiff competition" in …

International Business Times UK Royal Mail Shares: Christmas Can't Come Soon Enough as Amazon Delivers …International Business Times UKBy Royal Mail's own admission, it needs a bumper Christmas in 2014 if it's to meet performance expectations for the full year. Particularly after it unveiled a glum set of results for …

The Independent Amazon beating Royal Mail at its own game as profits tumbleThe IndependentThe rise of “click and collect”, where customers pick up parcels direct from shops, is also eating into its business. Royal Mail's UK parcel revenues fell 1 per cent to £1.5 billion in the last six months, …

Evening Standard Royal Mail: Give privatisation a chance and scrap the universal service …Evening StandardRoyal Mail management had long been calling for its relaxation and even the trade union wanted it redrawn: Dave Ward from the Communications Workers Union accused Cable of being “off the pace” on the reality of …

Irish Times Amazon delivers blow to Royal Mail growth prospectsIrish TimesOnline retail giant Amazon's own delivery service will more than halve the growth potential for Royal Mail's parcels business, the former state-owned British company said, sending its shares lower. Parcels make up half of Royal Mail's turnover and the … More: …

FTSE 100 down as Royal Mail fallsBBC News(Noon): Disappointing company news and worries over weak commodity prices combined to pull the market lower. Shares in Royal Mail dived nearly 8% after it warned that rivals were eating into its parcel delivery business. Underlying pre-tax profits … More: continued here

Royal Mail profits fall as postal service struggles with competitionCITY A.M.Royal Mail's delivery operations faced stiff competition in the first half of the financial year, resulting in a fall in profit for the 500-year-old postal service. For the six months to 28 September, pre-tax profit was £218m – a 6.4 …

Wall Street Journal Royal Mail Warns Competition From Amazon Will Hamper GrowthWall Street JournalLONDON—Shares in U.K.'s dominant postal company Royal Mail PLC fell more than 8% on Wednesday after it reported a fall in half-year profit and warned that continuing competition from online retailer Amazon.com Inc. will hamper growth. Revenue …