Home / Royal Mail / Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue

Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue

Royal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. In an interim statement, Royal Mail said its group revenues were up 2% but that its UK parcels revenues had dipped by 1%. The communications firm, which was privatised in October 2014 in a controversial sell off by the UK …

More: continued here

About admin

Check Also

Inside the North East hub that’s breaking down barriers and empowering women back into work

The Wallsend Family Matters Community Hub has received a huge funding boost for its projects …

Leave a Reply

Your email address will not be published. Required fields are marked *