Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels RevenueMotley Fool UKRoyal Mail (LSE: RMG) is currently down just over 1%, following release of an interim management statement for the three months to 29 June 2014, in which the company has warned that revenue from its parcels business is likely to come in lower than ……
The Independent Royal Mail frets over Amazon threat to parcels businessThe IndependentRoyal Mail placed its parcels division at the centre of its growth plans in its £3 billion flotation, claiming it was “well-positioned to benefit further from predicted levels of growth in the overall UK parcel market” and telling would-be investors … More: continued here
Royal Mail Warns Of Lower Parcel RevenuesSky NewsRoyal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total revenues had risen 2% – thanks to a 3% increase … More: continued here
Yorkshire Post Party over for Royal Mail as shares tumbleYorkshire PostIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading, although the sharp rise was at the time dismissed as “froth and speculation” by Business Secretary…
Royal Mail cuts revenue forecastBDliveLONDON — Britain's Royal Mail said on Tuesday yesterday 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 … More: continued here
Royal Mail (LSE: RMG.L – news) has averted the prospect of an embarrassing row with its biggest shareholder after a last-gasp decision by the Government to support its pay policies at this week's annual meeting. Sky News has learnt that Whitehall officials were in talks with the postal operator on Wednesday morning about their concerns…
Amazon blow hits Royal Mail parcels businessThe IndependentRoyal Mail said it was opening later on Saturdays and launching Sunday delivery services to try to turn around the trend in parcels. The chief executive Moya Greene, who was paid nearly £1.2m last year, added: “Given the increasing challenges we are … More: continued here
Rivals taking toll on Royal MailThe CourierThe stock price has not fallen so low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p as trading began. The jump prompted criticism of the sell-off, but was dismissed as “froth and speculation” by … More: continued here
A British Man Puzzles the Royal Mail Postal ServiceAnglopheniaJames Addison, a graphic designer, was so impressed by the postman in his hometown of Buckinghamshire, England, based on the mail carrier's ability to deliver to ten homes in less than two minutes, that Addison took it upon himself to challenge the … More: continued here
Reuters UK Royal Mail parcel revenues hit as competition bitesReuters UKParcel deliveries account for about half of Royal Mail's turnover and its growth in an industry buoyed by online shopping is a key investment focus for shareholders in light of declining letter volumes. But the group faces stiff competition in its main … More: continued…