Article summary
Lockdown-inspired ecommerce could provide a bumper opportunity for the postal firm. If that doesn’t sound much to cheer, look at the share price: it has roughly doubled in value since the summer. Part of the explanation for the improvement in the shares lies elsewhere, it should be said. […] But the stock market also spotted that the same lockdown-inspired e-commerce fun is a big opportunity for the core Royal Mail – that’s if the trend holds and the company capitalises. […] And, if management decides parcels should be delivered seven days a week, it will have to negotiate new terms and conditions for the workers.
Click here to read the full article
Source link