Royal Mail

Royal Mail Reports £430m Full-Year ProfitSky NewsRoyal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous year – a rise of 6.7%. But the company warns …

BBC News Why Royal Mail's share price is going downBBC NewsRoyal Mail's share price – a roller coaster if ever there was one – is down today. Superficially that might seem a little odd: profits are up 12%, parcel revenues are up 7% and letter volumes fell by less than …

Royal Mail Posts Strong Profit Growth in First Annual Results Since IPOWall Street JournalFor the year ended March 30, Royal Mail made a pretax profit of £363 million ($613.4 million), compared with £304 million a year earlier. Stripping out exceptional costs, mainly related to a pension-plan amendment, it made an …

Royal Mail Reveals Profits Rise To £430 Million After PrivatisationHuffington Post UKRoyal 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 …

Royal Mail faces difficult task to keep ahead of competitionFinancial TimesRoyal Mail, which was losing money in its UK letters and parcels business three years ago, has made great strides since Moya Greene, its Canadian chief executive, arrived in 2010. But it has further to go both in raising efficiency …

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 …

Telegraph.co.uk Royal Mail warns of 'intense' competition as profits riseTelegraph.co.ukIn a blow for Royal Mail, an Ofcom spokesman said: "We do not believe that there is presently a threat to the financial sustainability of the universal postal service …. We would expect Royal Mail to take appropriate steps to respond …

Royal Mail shares fell by more than 7% after the recently privatised communications firm warned in its full-year financial results of intensifying competition. Higher profit was driven by rising revenues in Royal Mail's key parcels businesses in the UK and continental Europe. But Moya Greene, chief executive of Royal Mail, …

Royal Mail warns of 'increasing challenges' from competitorsFinancial TimesThe increase in earnings for the year to March 30 was in line with market expectations, but Royal Mail warned that a move to direct delivery of letters by rival TNT Post could undermine the economics of the universal service without action …

Britain's part-privatised postal operator Royal Mail warned Thursday that it faced fierce competition, sending its share price slumping despite rising annual profits. Shares dived more than seven percent, topping the fallers board on the London stock market, but still holding far above the price of last year's controversial flotation. We …