Tag Archives: IDS

The company was given the green light to start making the reforms from the end of July (Royal Mail/PA) (PA Media) The owner of Royal Mail has said it will not roll out changes that will see it ditch second-class letter deliveries on Saturdays more widely across the UK until …

Around 8,000 Collect+ convenience stores will be rebranded to a Royal Mail Shop after the delivery giant’s owner bought a stake in the parcel service firm. International Distribution Services (IDS) announced it had acquired a 49% stake in Collect+ with a £43.9 million investment. The new high street shops will …

Around 8,000 stores will now be branded Royal Mail (PA) Royal Mail’s owner has bought a multi-million pound stake in another firm, which will see thousands of convenience stores rebranded. International Distribution Services (IDS), the firm which owns the postal service, has concluded a purchase of 49 per cent of …

Royal Mail was bought by Czech billionaire Daniel Kretinsky in a £3.6bn deal in April – Peter Cziborra/Reuters Royal Mail has posted its first profit in three years as it cuts back on second-class letter deliveries. The postal service reported operating profits of £12m in the year to the end …

The owner of Royal Mail is expected to show a return to annual earnings on Monday in the firm’s first set of results since the completion of its £3.6 billion takeover by Czech billionaire Daniel Kretinsky. International Distribution Services (IDS) will post figures for the 12 months to March 31 …

International Distributions Services plc (LON:IDS – Get Free Report) fell 0.1% on Friday . The stock traded as low as GBX 359 ($4.90) and last traded at GBX 359 ($4.90). 1,113,928 shares traded hands during trading, a decline of 77% from the average session volume of 4,788,412 shares. The stock …

Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. (PA Wire) Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. Mr Kretinsky’s EP Group said that, …

Royal Mail’s boss has quit weeks after the postal service fell into foreign hands for the first time in its 509-year history. In a move that caught the business world by surprise, Emma Gilthorpe left having been appointed chief executive a little over a year ago. The former Heathrow director …

Emma Gilthorpe was the Royal Mail’s fifth chief executive in six years – Royal Mail Group/AFP via Getty Images Royal Mail’s chief executive has quit weeks after a £3.6bn takeover by the Czech billionaire Daniel Kretinsky. Emma Gilthorpe, who took up the top job just more than a year ago, …

International Distributions Services plc (LON:IDS – Get Free Report)’s stock price traded up 0% on Wednesday . The company traded as high as GBX 359.60 ($4.82) and last traded at GBX 359.02 ($4.81). 1,050,863 shares changed hands during trading, a decline of 79% from the average session volume of 5,032,667 …