[ad_1] International Distributions Services plc (OTCMKTS:ROYMY – Get Rating) has been given a consensus rating of “Hold” by the ten brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company….
[ad_1] Royal Mail parent International Distributions Services has put a £200m price tag on the cost of last year’s strike action, and said that asset sales will be required to support cashflow at the postal operator. In a trading update for the nine months to 31 December 2022, IDS said that addressed letter volumes…
[ad_1] Embattled Royal Mail boss Simon Thompson has been recalled to the BEIS committee of MPs over the apparently inaccurate information he gave last week – just as CWU members are re-balloting on further industrial action and a cyber attack continues to disrupt its export parcels business. Earlier this week, CWU general secretary Dave…
[ad_1] Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted operating loss of £219…