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Tag Archives: Markets

Royal Mail parent IDS posts 8.2% rise in first-quarter revenue

(Reuters) – International Distribution Services (IDS), the owner of Britain’s Royal Mail, reported an 8.2% rise in revenue for the first quarter of fiscal 2025 on Thursday, supported by strong parcel demand and more postal votes during the UK elections. IDS, which agreed to a 3.57-billion-pound ($4.63 billion) takeover by …

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International Distribution Services : 2024 Form of Proxy

Market Closed – London S.E. 11:35:13 2024-06-21 am EDT 5-day change 1st Jan Change 319 GBX -1.24% -2.15% +17.24% June 21, 2024 at 08:46 am EDT 2024 Annual General Meeting Attendance Card 2024 Annual General Meeting Proxy Form Shareholder Reference Number Notice of availability The 2024 Notice of Annual General …

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International Distributions Services plc Proposes Final Dividend

International Distributions 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 …

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UK regulator to probe Royal Mail’s delivery targets miss

(Reuters) – Britain’s communications regulator Ofcom is investigating International Distribution Services-owned Royal Mail over its failure to meet its delivery targets for the financial year 2023-24, the regulator said on Friday. Under Ofcom’s rules, Royal Mail is required to meet performance targets across the whole financial year, such as delivering …

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