Telegraph.co.uk Royal Mail shares and profits fall sharply as it warns on threat from AmazonTelegraph.co.ukRoyal Mail said operating profits, before taking into account the costs of job losses and restructuring the business, dropped 21pc to £279m for the first half ended September 30, down from £353m at the same stage …
Read More »Royal Mail says Amazon delivery service will hit its UK parcels business – The Guardian
The Guardian Royal Mail says Amazon delivery service will hit its UK parcels businessThe GuardianRoyal Mail has warned that growing competition from Amazon will hit its UK parcels business, as it reported a 21% fall in first-half profits. The 500-year-old postal service, which was privatised last October, said operating profits …
Read More »Royal Mail shares a good long term investment – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares a good long term investmentTelegraph.co.ukRoyal Mail is still a profitable company, and during the first six months of the year it made £279m in operating profit before all the costs related to job losses and technology improvements, down 21pc on £353m last year. But as the …
Read More »Jim Armitage: Royal Mail in trouble? Now, who would have guessed that, Vince? – The Independent
The Independent Jim Armitage: Royal Mail in trouble? Now, who would have guessed that, Vince?The IndependentWhich leaves us with another idea: simply give the Royal Mail a taxpayer subsidy to keep the service going. Sounds pretty reasonable, but would that be allowed under European rules? Doubtful. And besides, taxpayers would …
Read More »Royal Mail shares a good long term investment
The 500-year-old postal service remains a strong fundamental business despite increasing competition and sliding profits, says Questor More: continued here
Read More »Drop in Royal Mail puts Britain’s FTSE under pressure – Reuters
Drop in Royal Mail puts Britain's FTSE under pressureReutersAlthough Royal Mail's 21 percent fall in six-month operating profit to 279 million pounds was less severe than many analysts had feared, it warned that online retailer Amazon's delivery service will more than halve the growth potential for the parcel … More: …
Read More »Amazon delivers blow to UK Royal Mail growth prospects – Reuters UK
Reuters UK Amazon delivers blow to UK Royal Mail growth prospectsReuters UKParcels make up half of Royal Mail's turnover and the development of online shopping has made them central to the company's prospects when letter volumes are in decline. However, competition from the likes of TNT (TNTE.AS), Yodel, and a …
Read More »Mr Cable may yet rue selling off Royal Mail – Herald Scotland
Mr Cable may yet rue selling off Royal MailHerald ScotlandMr Cable chose to sell off the Royal Mail, keeping only a 30 per cent stake in the company. Four weeks ago he remained optimistic that first-class management, a co-operative work force and the freedom for the company to borrow would …
Read More »Royal Mail blames Amazon network for fall in profits – Financial Times
Royal Mail blames Amazon network for fall in profitsFinancial TimesRoyal Mail's attempts to overhaul its business since privatisation last year faltered as it revealed a 21 per cent drop in first-half operating profits amid stiff competition from Amazon's new delivery network. The FTSE 100 company placed parcels … More: continued …
Read More »Royal Mail shares fall on concerns over competition – BBC News
BBC News Royal Mail shares fall on concerns over competitionBBC NewsRoyal Mail has reported a fall in half-year profits, with the company feeling the impact of competition from new parcel delivery rivals. Pre-tax profits for the six months to 28 September fell to £218m, from £233m in the same period …
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