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Royal Mail PLC

RMG.L

Latest Trade

170.90GBp

Change

4.60(+2.77%)

Volume

6,068,956

Today's Range

164.05

 - 

171.65

52 Week Range

164.05

 - 

286.80

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Royal Mail Says Put Forward Pay Proposal To CWU

Feb 20 (Reuters) - Royal Mail PLC <RMG.L>::PUT FORWARD A PROPOSAL TO CWU, WHICH INCLUDES A SIX PER CENT THREE-YEAR PAY DEAL FOR CWU-GRADE PEOPLE.PROPOSAL MEANS AN INCREASE, INCLUDING THE FIRST HOUR OF SHORTER WORKING WEEK, OF MORE THAN 16% BETWEEN 1 APRIL 2018 AND 31 MARCH 2023.TO INTRODUCE SECOND VAN DELIVERY IN MOST PARTS OF BRITAIN & INTRODUCE AROUND 7,000 VAN DELIVERY ROUTES FROM C.300 DELIVERY OFFICES BY 2023.DELIVERY OF LETTERS AND SMALL PARCELS WILL REMAIN UNCHANGED THROUGH EXISTING DELIVERY OFFICE NETWORK.

Royal Mail Puts Forward Proposal To Union CWU

Feb 7 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL ON TWITTER- HAVE PUT FORWARD A PROPOSAL TO UNION CWU, INCLUDING A THREE-YEAR PAY DEAL.ROYAL MAIL ON TWITTER- WANT TO GET INTO DETAILED TALKS WITH CWU ABOUT PROPOSAL.

CWU Says Merseyside Industrial Action Due To Start On Saturday Halted

Jan 17 (Reuters) - Union CWU::UNION CWU SAYS INDUSTRIAL ACTION THAT HAD BEEN DUE TO START ON MERSEYSIDE SATURDAY MORNING HAS BEEN HALTED.UNION CWU SAYS INDUSTRIAL ACTION HALTED AFTER ROYAL MAIL BOSSES WITHDREW A DISCIPLINARY CASE AGAINST A CWU REP.

RWC Asset Management Discloses 5.01% Stake In Royal Mail

Jan 10 (Reuters) - Royal Mail PLC <RMG.L>::RWC ASSET MANAGEMENT LLP DISCLOSES 5.01% STAKE IN ROYAL MAIL PLC AS OF JAN 9 - FILING.

Royal Mail Announces Appeal Of CAT Judgment

Dec 4 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL PLC - ROYAL MAIL ANNOUNCES APPEAL OF CAT JUDGMENT.ROYAL MAIL PLC - LODGED PAPERS WITH COMPETITION APPEAL TRIBUNAL TO SEEK PERMISSION TO APPEAL ITS RECENT JUDGMENT.

Royal Mail Confirms Court Upheld Injunction To Stop CWU Strike

Nov 28 (Reuters) - Royal Mail PLC <RMG.L>::COURT OF APPEAL UPHOLDS HIGH COURT INJUNCTION.CONFIRMS CWU HAS BEEN UNSUCCESSFUL IN APPLICATION TO COURT TO OVERTURN INTERIM INJUNCTION GRANTED BY HIGH COURT ON 13 NOVEMBER.HIGH COURT RULED THAT A POSTAL BALLOT OF ROYAL MAIL EMPLOYEES FOR INDUSTRIAL ACTION WAS "UNLAWFUL" AND GRANTED AN INTERIM INJUNCTION.ROYAL MAIL, IN RESPECT TO NEGOTIATIONS WITH CWU, SAYS "WE WANT TO REACH AGREEMENT".

Royal Mail Says Transformation Plan Behind Schedule

Nov 21 (Reuters) - Royal Mail PLC <RMG.L>::H1 PRETAX PROFIT 173 MILLION STG.UK LETTER REVENUE PERFORMANCE IN FIRST HALF IS BEST FOR 5 YEARS.IN 2020-21, CO EXPECTS LETTER VOLUME DECLINE (EXCLUDING ELECTIONS) MAY BE IN 6-8 PER CENT RANGE..HY OPERATING PROFIT 61 MILLION STG VERSUS LOSS OF 4 MILLION STG.TRANSFORMATION IS BEHIND SCHEDULE.INVESTING MORE BECAUSE OF INDUSTRIAL RELATIONS ENVIRONMENT, GENERAL ELECTION AND CHRISTMAS.HY PROFIT BEFORE TAX 173 MILLION STG VERSUS 33 MILLION STG.INTERIM DIVIDEND PER SHARE 7.5P.HY REVENUE 5,166 MILLION STG VERSUS 4,914 MILLION STG.HY UK PARCELS BUSINESS PERFORMING WELL. VOLUMES UP 5 PER CENT..ROYAL MAIL - LOWER THAN ANTICIPATED GDP, LOWER GDP FORECASTS FOR 2020-21, BUSINESS UNCERTAINTY, EXPECTED TO HAVE IMPACT ON ADDRESSED LETTER VOLUMES.HY TOTAL LETTER REVENUE DOWN 1.4 PER CENT, FOLLOWING APPROPRIATE PRICING ACTIONS AND BENEFIT OF EUROPEAN PARLIAMENTARY ELECTION.HY ADDRESSED LETTER VOLUMES DOWN 5 PER CENT.SAYS "PEOPLE ARE POSTING FEWER LETTERS AND RECEIVING MORE PARCELS. WE HAVE TO ADAPT TO THAT CHANGE".HY EXCLUDING EUROPEAN PARLIAMENTARY ELECTION MAILINGS, ADDRESSED LETTER VOLUMES DECLINED BY 8 PER CENT.HY A 2.2 PER CENT IMPROVEMENT IN PRODUCTIVITY (FULL YEAR TARGET: OVER 2 PER CENT).HY TOTAL ADJUSTED OPERATING COSTS INCREASED BY 2.9 PER CENT.REVENUE AND COST HEADWINDS COULD POSSIBLY RESULT IN A BREAK-EVEN OR LOSS-MAKING POSITION FOR UK BUSINESS IN 2020-21.

UK's CWU Says Appeal Lodged With Court After Royal Mail Won Injunction To Stop Strikes

Nov 20 (Reuters) - Communication Workers Union::UNION CWU ON PROPOSED POSTAL STRIKES SAYS APPEAL HAS BEEN LODGED WITH THE HIGH COURT AFTER ROYAL MAIL WON INJUNCTION TO STOP STRIKES.

Royal Mail Says High Court Ruled That CWU's Postal Ballot Of Co Employees For Industrial Action Was "Unlawful"

Nov 13 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL CONFIRMS HIGH COURT INJUNCTION.CONFIRMS HIGH COURT HAS RULED THAT CWU'S POSTAL BALLOT OF ROYAL MAIL EMPLOYEES FOR INDUSTRIAL ACTION WAS "UNLAWFUL".ROYAL MAIL'S APPLICATION TO HIGH COURT DID NOT APPLY TO EMPLOYEES WITHIN PARCELFORCE WORLDWIDE."INTERIM INJUNCTION MEANS NO INDUSTRIAL ACTION CAN BE TAKEN BEFORE COMPLETION OF A LAWFUL BALLOT"."COMPLETION OF LAWFUL BALLOT WILL RESULT IN A VOTE IN FAVOUR OF INDUSTRIAL ACTION, AND FORMAL NOTIFICATION TO COMPANY OF ANY ACTION"."WE STAND READY TO ENGAGE WITH CWU"."IF CWU GIVES BINDING COMMITMENT TO REMOVE THREAT OF STRIKE ACTION FOR REST OF YEAR, WILL ENTER INTO DISCUSSIONS WITHOUT PRECONDITIONS"."REMAINS COMMITTED TO ITS AGREEMENTS WITH CWU"."WILL CONTINUE TO DELIVER CHANGE WITHOUT COMPULSORY REDUNDANCY, IN LINE WITH OUR AGREEMENTS".

UK's CWU Says High Court Ruled Against It On Royal Mail Seeking Injunction To Block Potential Strikes

Nov 13 (Reuters) - Royal Mail PLC <RMG.L>::UK'S CWU SAYS HIGH COURT HAS RULED AGAINST IT IN RELATION TO ROYAL MAIL SEEKING INJUNCTION TO BLOCK POTENTIAL STRIKES.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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