[ad_1] FILE PHOTO: A traditional Royal Mail red post box is seen near autumn foliage in London, Britain, October 21, 2020. REUTERS/Toby Melville (Reuters) – Britain’s Royal Mail raised its annual profit forecast on Wednesday, citing stronger-than-expected advertising, business and stamped mail volumes this year. The postal firm last month forecast annual profit ahead of…
[ad_1] * Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in online shopping during coronavirus…
[ad_1] The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/Files (Reuters) – Royal Mail on Tuesday raised its revenue target for the current year, driven by a jump in online shopping parcel volumes, but forecast an annual loss…
[ad_1] * Parcel volume up 38%, letters drop 33% * Says restructuring plans underway * Reiterates outlook for 2020-21 (Rewrites throughout, adds detail, shares) By Yadarisa Shabong and Pushkala Aripaka July 21 (Reuters) – Britain’s Royal Mail said its parcel shipments rose 38% in April-June as lockdowns drove a surge in online shopping, but letter…
[ad_1] (Adds details on volumes, context) July 21 (Reuters) – Britain’s Royal Mail said on Tuesday it had shipped 117 million more parcels in the June-ended quarter than last year, as people and businesses shifted to online sales during the coronavirus-led lockdown. The company has had a turbulent few years with union resistance to a…
[ad_1] DALLAS/LONDON (Reuters Breakingviews) – Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. A Chuck E. Cheese restaurant is pictured in Oceanside, California, U.S., January 18, 2017. LATEST – CEC Entertainment – Pret A Manger MAY I BE EXCUSED? Chuck E. Cheese’s…
[ad_1] UPDATE 1-UK Stocks-Factors to watch on Feb. 7 … U.S. imports, though Royal Mail slid to an all-time low after warning of a challenging year ahead. [ad_2] Source link
[ad_1] LONDON (Reuters) – UK’s Royal Mail (RMG.L) said on Thursday its outlook for the next fiscal year is “challenging” and the threat of a labor strike in late 2019 hurt parcel revenue growth during the Christmas period as customers opted to use other carriers. FILE PHOTO: A Royal Mail van drives through the Drumochter…
[ad_1] ROYAL MAIL: Britain's Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead … [ad_2] Source link
[ad_1] Nov 29 (Reuters) – Britain's FTSE 100 index is seen opening 21 points lower at 7,396 on Friday, according to financial bookmakers. * ROYAL MAIL: … [ad_2] Source link