|Bid||461.00 x 10300|
|Ask||475.00 x 162400|
|Day's Range||465.60 - 472.50|
|52 Week Range||367.80 - 632.60|
|PE Ratio (TTM)||18.22|
|Earnings Date||Nov 14, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||0.24 (5.20%)|
|1y Target Est||502.69|
After Royal Mail plc’s (LON:RMG) earnings announcement in March 2018, analyst consensus outlook appear cautiously optimistic, with profits predicted to increase by 47.51% next year relative to the past 5-yearRead More...
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period.
The Royal Mail has been fined 50 million pounds for discriminating against Whistl, its only major competitor delivering letters, regulator Ofcom said on Tuesday. Royal Mail changed wholesale customers' contracts in early 2014 when Whistl was set to become the first company to challenge its monopoly in the large-scale delivery of bulk mail. As a result, Whistl suspended plans to extend delivery services to new parts of the UK, Ofcom said.
PLC bond yields jump on Tuesday following the news that the U.K.’s postal service and courier company has been fined GBP50 million by U.K. media watchdog Ofcom for breaking competition rules. Royal Mail’s wholesale customer Whistl brought the case to Ofcom, alleging Royal Mail had changed wholesale customers’ contracts in 2014, including price increases it was introducing. Royal Mail said it would appeal Ofcom’s decision and that the 2014 price changes were never implemented or paid.
Shares in the Italian bank have been under pressure due to its exposure to Turkey as the collapse of the country’s currency unnerved investors. 0857 GMT - Shore Capital says the first-half results of John Menzies show the company has achieved progress in both revenue and margin development “at a rate slightly above” the brokerage’s underlying expectations. The key takeaway is that the group is organically expanding its contract book, successfully re-bidding contracts and is delivering synergies and further acquisition growth, Shore Capital says.
European Corporate Roundup for Tuesday Antofagasta 1H Ebitda Falls; Backs Outlook Antofagasta PLC said Tuesday that its first-half Ebitda fell 16% as production decreased and costs increased, but it backed its full-year outlook.
a record £50m for a “serious breach” of competition law, after finding the company abused its near-monopoly with price increases to penalise rivals who tried to compete in delivering business letters. , a company that collects “bulk mail” such as utility bills and gas statements and passes them on to the former state-owned postal service for delivery to households. its own household bulk mail delivery service in certain parts of the country, but suspended the expansion after Royal Mail increased prices it would charge it in the remaining areas.
It said it was not fair and proposed to raise prices to couriers, namely Whistl, that were happy to post mail through letterboxes on lucrative urban routes but used Royal Mail’s service to deliver to expensive out-of-the-way destinations. It complained to Ofcom about a breach of competition law. It also asked Ofcom to look at its rules governing Royal Mail for the sake of clarity.
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Royal Mail looks set to be hauled ...
The post and parcels company said about 70.17 percent votes cast by shareholders at the annual meeting were against the resolution on the director's remuneration report. Shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis had recommended that shareholders vote against the pay packages.
A weaker pound helped Britain's top share index march higher on Wednesday as company earnings took centre stage with Smiths Group suffering. The blue-chip FTSE 100 (.FTSE) index climbed 0.7 percent, in line with a broader rally among European stocks as the second quarter earnings season steps into gear. Shares in easyJet (EZJ.L) were among the top gainers, up 2.1 percent, after the budget airline upgraded its full-year guidance and said that profit could jump by as much as 45 percent in 2018.
Britain's top share index climbed on Tuesday as encouraging results flowed in from companies including Royal Mail and TalkTalk, though uncertainty over Brexit capped gains. The FTSE 100 (.FTSE) ended the session up 0.3 percent at 7,626.44 points, in line with European benchmarks which were boosted by U.S. Fed Chair Jerome Powell's upbeat assessment of the U.S. economy in his testimony. Royal Mail Group (RMG.L) rose 1.8 percent, paring back some earlier gains, after its results showed better than expected parcel growth.
The law came into effect on May 25 and imposed new requirements on how companies collect personal information in the European Union, posing a challenge to businesses that use promotional mailers to push sales. Royal Mail had already warned in May that the new law, General Data Protection Regulation (GDPR), may reduce marketing mails. The decline in letter volumes was just about offset by a 7 percent increase in parcel volumes that helped lift total revenue by 2 percent.
Nordic telecommunications operator Telia Company said that it will acquire Danish operator TDC’s Norwegian business in a deal worth 21 billion Norwegian kroner ($2.59 billion). The deal includes TDC’s GET business--a provider of fixed and TV services--and its B2B business, which Telia hopes will strengthen its presence in the Norwegian market and position the company as a strong challenger in mobile, TV and broadband.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Royal Mail plc (LON:RMG), with a market cap of UK£5.02b, often getRead More...
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Over the past 4 years, Royal Mail plcRead More...
In March 2018, Royal Mail plc (LSE:RMG) released its most recent earnings update. Generally, the consensus outlook from analysts appear fairly confident, with profits predicted to increase by 48.70% nextRead More...
The most recent earnings update Royal Mail plc’s (LSE:RMG) released in March 2018 signalled that the company experienced a minor headwind with earnings deteriorating from UK£272.00M to UK£259.00M, a changeRead More...