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
Read More »Royal Mail, AstraZeneca, Unilever are Europe’s Stocks in Focus – Wall Street Journal (blog)
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: …
Read More »Royal Mail warns of 'intense' competition as profits rise
Shares drop as postal delivery service warns of headwinds in parcels and letters More: continued here
Read More »Mail fail, part 1: what dividends didn’t yield – FT Alphaville (registration)
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 …
Read More »UK's Royal Mail rattles investors with warning of rising competition
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 …
Read More »Royal Mail Reports £430m Full-Year Profit
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
Read More »Royal Mail Report £430m Full-Year Profit – Yahoo Finance UK
Royal Mail Report £430m Full-Year ProfitYahoo Finance UKRelated Content. View Photo. Royal Mail (Other OTC: ROYMF – news) has reported an operating profit of £430m in its first full-year results since privatisation. More follows… Email 0; Share 0. Tweet. 0. Share0; Print …and more » More: continued here
Read More »Priority investors made at least £98m selling Royal Mail shares in its first … – Bureau of Investigative Journalism
Priority investors made at least £98m selling Royal Mail shares in its first …Bureau of Investigative JournalismRoyal Mail's priority investors made at least £98m from share sales in the first six days of trading. (Image: Shutterstock.com). Last October the government, advised by Lazard & Co, allocated 22% of new shares …
Read More »UK's Royal Mail warns on competition as profits rise
By Neil Maidment LONDON (Reuters) – Newly privatised Royal Mail posted a 12 percent rise in full-year profit on Thursday and said it was taking steps to address increasing competition in both parcels and letters. The UK postal firm, which had long posted financial losses until two years ago, said …
Read More »Royal Mail share price: Company to trial Sunday parcel delivery service – iNVEZZ
Royal Mail share price: Company to trial Sunday parcel delivery serviceiNVEZZiNVEZ.com, Wednesday, May 21: Royal Mail (LON:RMG) is to trial a Sunday delivery service for parcels, as it looks to address growing demand driven by consumers ordering goods online. The recently-privatised postal services group said today that it … More: …
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