Royal Mail

Shares fall in Royal Mail as it warns that competition from rivals could hurt its future revenues. More: continued here

Group revenue rose 2% to £9.46 billion, with a 7% rise in parcel revenues offsetting a 2% fall in the UK letter business which declined to £4.63 billion. However, parcel volumes were flat at 1.06 billion items compared with 2012-13. More: continued here

Royal Mail has announced a rise in annual profits after revenues growth from parcel deliveries more than offset a further decline in letter volumes. In its first set of results since its controversial £3.3 billion stock market flotation in October, the company said operating profits after transformation costs were £430 …

Royal Mail warns public service at risk without regulationITV NewsRoyal Mail warns public service at risk without regulation. Newly-privatised Royal Mail has announced a 12 percent rise in full-year profit, but says its business is facing tough headwinds from increasing competition. Bosses are warning that the public … More: continued …

Royal Mail notched up a 7 per cent rise in earnings in its first set of annual results since the Government's controversial float of the postal service. More: continued here

Royal Mail, AstraZeneca, Unilever are Europe's Stocks in FocusWall Street Journal (blog)“We are facing a couple of headwinds,” said Chief Executive Officer Moya Greene. “The competitive environment on the parcels side is more intense.” Cantor Fitzgerald analysts said the negative comments were “probably made in part to ensure investor … More: …

Shares drop as postal delivery service warns of headwinds in parcels and letters More: continued here

Mail fail, part 1: what dividends didn't yieldFT Alphaville (registration)Empirical experiments that test corporate finance theory are fun. Unless the taxpayer ends up on the wrong side. That's the key lesson from the “botched” IPO of Royal Mail in October 2013. The original controversy centred on the £750m the taxpayers …and …

By Neil Maidment LONDON (Reuters) – Newly privatised Royal Mail pointed to tougher times ahead on Thursday as it said competition in parcels was intensifying and warned the emergence of a rival British mail delivery service threatened its growth prospects. Royal Mail's growth prospects continue to split analyst opinion, with …

Royal Mail (Other OTC: ROYMF – news) has reported an operating profit of £430m in its first full-year results since privatisation. Parcels now contribute more than 50% of Royal Mail's revenue – £4.82bn – after a 7% rise, although volumes remained flat. More: continued here