The Independent Royal Mail shares rally as profits almost double in first results as private …The IndependentRoyal Mail posted another surge in earnings today, but revealed tougher trading at its parcels business and cautioned over the impact of recent strike fears. In its first set of results as a listed …
Read More »Royal Mail Shares: Stockholders to Receive £133m – IBTimes.co.uk
IBTimes.co.uk Royal Mail Shares: Stockholders to Receive £133mIBTimes.co.ukRoyal Mail shareholders are set to receive £133m in dividends for 2013 after the recently privatised delivery company reported a near doubling of first half year profits. According to the group's financial results, Britain's newly privatised Royal Mail… More: continued here
Read More »Royal Mail Shares: Vince Cable Advised ‘Very Unwise’ to Push 330p Offer Price Higher
Business secretary Cable tells MPs institutional investors would have walked away from higher valuation. More: continued here
Read More »Reporters: Edwin Lane and Ben Morris – BBC News
Reporters: Edwin Lane and Ben MorrisBBC NewsThe Royal Mail is set to release its first results as a private company in about 45 minutes. Business Secretary Vince Cable is also facing a select committee hearing later over concerns the postal service was undervalued when it was floated on the … …
Read More »Royal Mail: Cable faces questions on privatisation – Telegraph.co.uk
Royal Mail: Cable faces questions on privatisationTelegraph.co.uk09.53 Adrian Bailey asks Cable why said he was not aware of any sources of information saying Royal Mail was undervalued, when Panmure Gordon, JP Morgan and Citi all said so. Cable says these banks were not involved in the float and were giving …
Read More »Royal Mail: Cable questioned on privatisation – as it happened
Vince Cable, business secretary, quizzed by MPs over the privatisation of Royal Mail, as share price rises to 544p on back of strong results More: continued here
Read More »Royal Mail Operating Profit Almost Doubles
Rising parcel revenue, cost cuts and a onetime tax credit helped the newly-privatized postal operator in the first half of the year. More: continued here
Read More »Royal Mail delivers surge in first-half profits – Scotland on Sunday
Royal Mail delivers surge in first-half profitsScotland on SundayNewly-privatised delivery service Royal Mail today said that rising revenues from its parcels business and ongoing cost cuts helped its operating profits almost double in the first half of the year. The group also said that its letters business has … More: …
Read More »Royal Mail first half profits almost double – Irish Independent
Irish Independent Royal Mail first half profits almost doubleIrish IndependentReporting for the first time as a London listed company following the government's high-profile sale of a 60pc stake in the postal operator, Royal Mail said on Wednesday operating profit after transformation costs had jumped to 283 million pounds. That … …
Read More »Royal Mail first half profits almost double – Reuters UK
Royal Mail first half profits almost doubleReuters UKLONDON (Reuters) – Britain's Royal Mail said rising parcel revenue and ongoing cost cuts helped the newly-privatised postal operator almost double its operating profit in the first half of the year. Reporting for the first time as a London listed … More: continued …
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