Boss Simon Thompson insists the pandemic has triggered “a structural shift”, turbocharging demand for parcels and accelerating the long-term decline in letters. Despite a mini-revival in recent months, letter deliveries are a fifth lower than before coronavirus erupted. Yet this is Royal Mail. For a company that has been bringing …
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Automation increasing rapidly Recovery in GLS B2B parcel business Comparisons, as they say, are odious. That certainly applies where Royal Mail (RMG) is concerned. Domestic parcel volumes have risen by a third on pre-pandemic levels, so it’s difficult to arrive at a like-for-like measure. The real questions are how the privatised …
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The family of a Royal Mail driver killed in a crash have paid an emotional tribute to a loving father, husband and son. David Nixon was driving a lorry when it collided with a car on the southbound carriageway on the A1M at Sawtry on Tuesday (November 16) at around …
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The company forecast a full-year adjusted operating profit of £500mln at Royal Mail and repeated its guidance for GLS of low single-digit percentage revenue growth and an operating profit margin of around 8% Royal Mail PLC (LSE:RMG) said it will return £400mln to its shareholders via a buyback and a …
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The turnaround has undeniably been helped by the pandemic lockdowns, but management have been attributed some credit in the City too Royal Mail PLC (LSE:RMG)’s surprise £400mln shareholder windfall indicates the directors are confident that the pandemic-fuelled turnaround of the group is here to stay. Analysts, while wary about some …
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The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
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The Royal Mail [RMG.LSE] share price is up 5% today after the company reported strong growth in half-year profits. Royal Mail to return £400m to shareholders as profits beat guidance Royal Mail Group today reported half-year revenue of just over £6bn, up 7.1% year-on-year, in line with expectations. Group adjusted operating profit came …
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A fully automated parcel sorting machine which can process 180,000 parcels per day has been installed by Royal Mail in its Tynside Mail centre. The machine consists of an system of conveyor belts and scanning technology which automatically sorts parcels so that they are ready for dispatch within Royal Mail’s …
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By Tom Higgins | November 18, 2021 On the go: The Royal Mail’s new collective defined contribution plan will have a fixed employer contribution of 13.6 per cent, as well as a standard employee contribution of 6 per cent, the group confirmed on Thursday. As outlined in the postal company’s …
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The Royal Mail has paid tribute to one of its staff who was killed in a crash on the A1(M) near Peterborough. Emergency services were called to the collision involving a postal lorry that caught fire and a car at Sawtry on Tuesday afternoon, November 16. The driver of the …
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