Royal Mail

Shares in Royal Mail have dropped to their lowest point since privatisation as the FTSE100 delivery company admits its suffering from "intensifying competition" from the likes of Amazon More: continued here

Royal Mail struggles to deliver as competition for parcels growsFinancial TimesRoyal Mail has reported weaker than expected performance in UK parcels and warned that it faces “increasing challenges” in that crucial battleground, sending its share price down to its lowest level since October's flotation. Moya Greene, chief … More: continued …

The Guardian Royal Mail share price falls as Amazon parcel rethink hurts revenueThe GuardianIn a trading update that comes two days ahead of Royal Mail's shareholder meeting, the first since the 500-year old postal service was privatised last year, chief executive Moya Greene said the business is facing intensifying competition, …

Royal Mail PLC (LON:RMG) hopes overall performance for full year will remain in line with guidance. More: continued here

Royal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. In an interim statement, Royal Mail said its group revenues were up 2% but that its UK parcels revenues had …

Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. The stock, which has been steadily declining since a peak of more than £6 in February, …

Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. More: continued here

CITY A.M. Royal Mail share price falls on parcel revenue warningCITY A.M.Greene acknowledges that Royal Mail faces "increasing challenges" in this key market, signalling that "parcels revenue for the year is likely to be lower" than Royal Mail had expected. The company hopes to offset that downturn with initiatives launched …

Ann McKechin: Royal Mail sell off by Tories shortchanged the British taxpayerScottish Daily RecordTHIS month, the Business, Innovation and Skills committee of which I am a member, issued a highly critical report that concluded that taxpayers lost out on £1.4bn in last year's sell off of Royal Mail because the …

By Neil Maidment LONDON (Reuters) – Britain's Royal Mail said 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. Parcel deliveries account for about half of Royal Mail's turnover and its growth …