|Bid||267.70 x 0|
|Ask||267.90 x 0|
|Day's Range||263.94 - 273.40|
|52 Week Range||255.50 - 531.40|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||4.40|
|Earnings Date||May 19, 2022|
|Forward Dividend & Yield||0.20 (7.24%)|
|Ex-Dividend Date||Jul 28, 2022|
|1y Target Est||358.00|
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Royal Mail has warned upcoming strikes will put jobs at risk and push it to a loss, with four days of disruption set to cost it as much as £80m.
Postal workers in Scotland will walk out later this month in a dispute over pay, and the CWU has said customers will face disruption.
Royal Mail has warned that its UK postal service will be “materially lossmaking” this year if a series of proposed strikes takes place across four days in August and September. The company said on Wednesday that the Communication Workers Union planned to organise strikes on August 26 and 31, as well as on September 8 and 9, the latest in a wave of industrial action sweeping across the UK. Royal Mail said the CWU had rejected a pay award worth up to 5.5 per cent, which would have added about £230mn to Royal Mail’s annual “people costs” at a time when the business was already lossmaking.