Tag Archives: Markets

(Reuters) -Royal Mail operator International Distribution Services on Wednesday said rising costs and macroeconomic uncertainty would continue to impact margins into 2026, after reporting slower revenue growth in the first half of fiscal year 2025-2026. For the six months ended September 28, its group revenue grew 1.6% to 6.45 billion …

Wix.com Ltd. announced that Royal Mail is now fully supported in Wix Shipping, powered by its trusted partner, Shippo. This new integration allows UK merchants to move from manual Royal Mail workflows to a fully automated process. Merchants can now manage everything all from within the Wix dashboard. The integration …

International Distribution Services said on Thursday Royal Mail and the Communication Workers Union have agreed on a three-year pay deal. Source link

Designed to bring a splash of colour and style to any living room or bedroom wall, the luxury interiors collection will be available from Royal Mail’s new online store from 1 April. Based on Royal Mail’s iconic colours, Postbox Red is set to be a firm favourite among interior designers …

International Distribution Services PLC is a holding company, which is engaged in providing postal and delivery services across its extensive networks. The Company operates through its subsidiary, Royal Mail Group Limited (RMGL), and General Logistics Systems B.V. (GLS). RMGL operates the parcels and letters delivery business under the Royal Mail …

(Alliance News) – International Distribution Services PLC on Wednesday said it expects Royal Mail to return to profitability this financial year as its takeover deal presses ahead. London-based IDS, which owns Royal Mail, reported a positive performance for the three months to the end of December, with revenue growing 0.8% …

(Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early …

Royal Mail today issues its Universal Service Obligation (USO) Quality of Service report for First and Second Class mail for Q2 2024-25. Over the quarter from 1 July to 29 September 2024, Royal Mail delivered 76.3% of First Class mail within one working day, 92.1% arriving within two days and …

(Alliance News) – The sale of Royal Mail owner International Distribution Services PLC to Czech billionaire Daniel Kretinsky’s EP Group could be confirmed in the next two weeks, the BBC reported on Thursday. According to BBC sources, Kretinsky has agreed to make extra concessions in order to clinch the takeover. …

(Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 …