Royal Mail PLC (RMG.L)
15 Feb 2019
Tue, Jan 29 2019
* Shares plunge to record low (Adds details, analyst comment, shares)
Jan 29 ** Shares of Royal Mail slump as much as 18 pct to an all-time low
Jan 29 Royal Mail Plc on Tuesday narrowed its full-year profit forecast, and guided to a larger-than-expected decline in addressed letter volume for the year.
MILAN, Nov 29 Postal company Royal Mail is set to lose its place in the FTSE 100, while insurer Hiscox is likely to join Britain's top stock index in a reshuffle next week, analysts said.
* Productivity to improve in second half, says CEO (Adds CEO comments, further detail on cost savings)
Nov 15 Royal Mail Plc's first-half profit dropped about 25 percent as the post and parcels company failed to cut enough costs in the UK and margins came under pressure at its fast-growing European business.
LONDON, Oct 2 British shares retreated on Tuesday as the positive impact of a new North American free trade pact faded globally and shares of Royal Mail hit a record low the day after the 500-year-old postal service issued a profit warning.
LONDON (Reuters Breakingviews) - Royal Mail is having a ropey old year. Two weeks after Chairman Peter Long resigned in the wake of investor ire over a golden hello for Chief Executive Rico Back, the delivery service unveiled a profit warning that sent its share price down almost a fifth. The problem for workers and investors alike is that its strategy looks as questionable as its approach to remuneration.
LONDON, Oct 2 UK shares retreated on Tuesday as the positive impact of a deal on North American free trade faded globally and shares of Royal Mail hit a record low the day after the 500-year-old postal service issued a profit warning.
Shares of Britain's Royal Mail deepened its slump on Tuesday, hitting a record low, a day after the 500-year-old postal service warned annual profit would be far lower than expected, hurt by eroding logistics business margins and weaker letter volumes.