Royal Mail shares drop back to their first day closing level as update reveals …This is MoneyStripping out the impact of the May European elections when Royal Mail received a boost from customers posting their votes, revenues were up 3 per cent, while volumes were down 3 per cent. This …
Read More »Royal Mail warns on lower parcel revenue – CNBC.com
Royal Mail warns on lower parcel revenueCNBC.comBritain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations after rising competition meant parcels revenue would be lower than anticipated. The postal operator, sold off to much … More: continued here
Read More »Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels Revenue – Motley Fool UK
Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels RevenueMotley Fool UKRoyal Mail (LSE: RMG) is currently down just over 1%, following release of an interim management statement for the three months to 29 June 2014, in which the company has warned that revenue from its parcels business is likely …
Read More »Royal Mail frets over Amazon threat to parcels business – The Independent
The Independent Royal Mail frets over Amazon threat to parcels businessThe IndependentRoyal Mail placed its parcels division at the centre of its growth plans in its £3 billion flotation, claiming it was “well-positioned to benefit further from predicted levels of growth in the overall UK parcel market” and telling would-be …
Read More »Royal Mail Warns Of Lower Parcel Revenues – Sky News
Royal Mail Warns Of Lower Parcel RevenuesSky NewsRoyal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total revenues had risen 2% – thanks to a 3% increase … …
Read More »Party over for Royal Mail as shares tumble – Yorkshire Post
Yorkshire Post Party over for Royal Mail as shares tumbleYorkshire PostIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading, although the sharp rise was at the time dismissed as “froth …
Read More »Royal Mail cuts revenue forecast – BDlive
Royal Mail cuts revenue forecastBDliveLONDON — Britain's Royal Mail said on Tuesday yesterday growing competition had cut its revenue expectations from parcel deliveries, leaving it reliant on tight cost control and its traditional letters business to hit full-year profit forecasts … More: continued here
Read More »Royal Mail Averts Threat Of Whitehall Pay Row
Royal Mail (LSE: RMG.L – news) has averted the prospect of an embarrassing row with its biggest shareholder after a last-gasp decision by the Government to support its pay policies at this week's annual meeting. Sky News has learnt that Whitehall officials were in talks with the postal operator on …
Read More »Amazon blow hits Royal Mail parcels business – The Independent
Amazon blow hits Royal Mail parcels businessThe IndependentRoyal Mail said it was opening later on Saturdays and launching Sunday delivery services to try to turn around the trend in parcels. The chief executive Moya Greene, who was paid nearly £1.2m last year, added: “Given the increasing challenges we are … More: …
Read More »Rivals taking toll on Royal Mail – The Courier
Rivals taking toll on Royal MailThe CourierThe stock price has not fallen so low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p as trading began. The jump prompted criticism of the sell-off, but was dismissed as “froth and speculation” by … …
Read More »