RMG.L - Royal Mail plc
| Previous close | 555.00 |
| Open | 553.00 |
| Bid | 540.00 x 10300 |
| Ask | 629.00 x 162400 |
| Day's range | 538.40 - 554.60 |
| 52-week range | 367.80 - 632.60 |
| Volume | 6,047,636 |
| Avg. volume | 5,713,860 |
| Market cap | 5.456B |
| Beta | 0.01 |
| PE ratio (TTM) | 15.24 |
| EPS (TTM) | 35.80 |
| Earnings date | N/A |
| Forward dividend & yield | 0.23 (4.00%) |
| Ex-dividend date | 2017-12-07 |
| 1y target est | 496.44 |
- Reuters•3 days ago
Oil stocks and Ocado buoy European equities
European shares rose on Thursday to a fresh 3-1/2 month high as oil stocks rallied and online supermarket Ocado shot up after it signed a game-changing deal in the United States. Italian stocks had tumbled more than 2 percent on Wednesday after a leaked draft coalition programme indicated that the parties planned to ask the European Central Bank to forgive 250 billion euros ($296 billion) of Italian debt. "We've got to keep a very close eye on the 5-Star Movement ... and if they're going to try to put their foot down in any way," said Jasper Reimers, market analyst at Vertex Capital Group.
- Reuters - UK Focus•4 days ago
Royal Mail warns new EU data privacy law to weigh on letter volumes
Britain's Royal Mail Plc (LSE: RMG.L - news) warned on Thursday that the new European data privacy law may reduce marketing mails, causing a fall in letter volumes towards the upper end of its forecasts. The post and parcel delivery company, which has seen a steady slowing of letter volumes in the era of e-communication, maintained its outlook for addressed letter volumes, saying it expected a decline of 4 to 6 percent in the medium term.
- Bloomberg•4 days ago
Data Laws Deliver New Blow to Ailing Royal Mail Letters Business
Royal Mail Plc, Britain’s 500-year-old postal service, said it expects rules designed to rein in the abuse of personal data to weigh on letter volumes as companies are forced to scrap targeted marketing campaigns. The introduction of the European Union’s General Data Protection Regulation from May 25 means postal demand may suffer an accelerated decline, Royal Mail said Thursday. Royal Mail fell 6.6 percent, the biggest intraday drop since November 2016, after issuing the warning on Thursday with its full-year results.
Reuters•4 days agoRoyal Mail says full-year revenue grows but cautious on letter volumes
Growth in parcel volumes and its European parcel business GLS, however, helped drive up 2 percent rise in annual revenue to 10.17 billion pounds, the postal and parcel delivery company said. Under CEO Moya Greene, who will retire in June, the former monopoly focused on its growing European parcels business to offset declining post and parcel volumes in its home market. Revenue at GLS, which covers 41 European markets, rose to 2.56 billion pounds from 2.12 billion pounds a year ago.
- Reuters - UK Focus•4 days ago
European shares rise as Italian stocks recover, Ocado soars
European stocks pushed higher in early trading on Thursday as Italian stocks recovered some lost ground and commodities-related sectors rallied, while shares in Ocado rocketed after the company signed ...
- Reuters•4 days ago
UK Stocks-Factors to watch on May 17
May 17 (Reuters) - Britain's FTSE 100 index is seen opening down 4 points at 7,730 on Thursday, according to financial bookmakers. * ROYAL MAIL: New chief executive of Royal Mail, Rico Back, has been paid ...
Sky News•4 days agoRoyal Mail board hands ‘secret’ £6m payment to new chief
The new chief executive of Royal Mail Group has been paid nearly £6m to buy him out of his contract in a move that could spark fury among former state-owned company’s trade unions and shareholders. Sky News has learnt that the board of Royal Mail (LSE: RMG.L - news) has handed Rico Back, the veteran boss of GLS, its parcels division, the multimillion pound sum to compensate him for payments he had been guaranteed under his previous deal. The €6.6m (£5.8m) sum will be disclosed by Royal Mail in its annual report, which will be published in the next few weeks, according to insiders.
- Fool.co.uk•25 days ago
Why the Royal Mail share price is smashing the FTSE 100 this year
Roland Head says FTSE 100 (INDEXFTSE:UKX) stock Royal Mail plc (LON:RMG) has been impressive of late but also rates a fast-growing rival.
Reuters•last monthRoyal Mail taps parcels business boss Back as next CEO
Back is CEO of General Logistics Systems (GLS), an Amsterdam-headquartered business that has offset declining post and parcel volumes in Royal Mail's home market. Under Greene, one of only seven female CEOs in the FTSE 100 list of top companies, Royal Mail was privatised in 2013 and has since reduced layers of management, upgraded technology and cut its property bill to save costs. The company has faced labour disputes and in February reached an agreement with the Communications Workers Union (CWU) to end a nearly 10-month dispute over plans to replace the company's defined benefit pension scheme.
Reuters•last monthRoyal Mail taps parcels business boss Back as next CEO
Back is CEO of General Logistics Systems (GLS), an Amsterdam-headquartered business that has offset declining post and parcel volumes in Royal Mail's home market. Under Greene, one of only seven female CEOs in the FTSE 100 list of top companies, Royal Mail was privatised in 2013 and has since reduced layers of management, upgraded technology and cut its property bill to save costs. The company has faced labour disputes and in February reached an agreement with the Communications Workers Union (CWU) to end a nearly 10-month dispute over plans to replace the company's defined benefit pension scheme.
- Reuters - UK Focus•last month
Royal Mail taps parcels business boss Back as next CEO
Britain's Royal Mail Plc (LSE: RMG.L - news) has chosen the boss of its fast-growing European parcels business, Rico Back, to succeed Chief Executive Officer Moya Greene, who will retire after eight years in charge. Back is CEO of General Logistics Systems (GLS), an Amsterdam-headquartered business that has offset declining post and parcel volumes in Royal Mail's home market. Under Greene, one of only seven female CEOs in the FTSE 100 list of top companies, Royal Mail was privatised in 2013 and has since reduced layers of management, upgraded technology and cut its property bill to save costs.
Sky News•last monthRoyal Mail boss Moya Greene to step down
Royal Mail (LSE: RMG.L - news) 's chief executive Moya Greene is to step down after more than eight years in charge with almost £1m in pay and bonus. Rico Back, the head of Royal Mail's parcels delivery arm GLS, will take over as the new chief executive, as was reported by Sky News last week. Ms Greene, who had run the Canadian postal service for several years, steered the former state monology through its controversial £3.3bn privatization.
- Reuters - UK Focus•last month
WPP embarks on new journey without Sorrell at the helm
WPP (Frankfurt: A1J2BZ - news) , the world's biggest advertising company, will head into uncharted territory on Monday when it starts life without its founder Martin Sorrell, whose departure has left it rudderless at a time of swirling industry change. The driving force behind 33 years of dealmaking and relentless expansion, Sorrell stepped down on Saturday after the board investigated an allegation of misconduct, saying that the disruption was putting too much strain on the company. While WPP hunts for a new CEO, it has handed the helm to two executives, digital boss Mark Read and Andrew Scott, the chief operating officer of WPP Europe who oversaw acquisitions, making them joint chief operating officers.
- Sky News•last month
Royal Mail to deliver parcels boss Back as Greene's successor
Moya Greene, the chief executive of Royal Mail Group, is preparing to step down after an eventful eight-year tenure in which she steered the company through its controversial £3.3bn privatisation. Sky News has learnt that the board of the former state monopoly has been discussing in recent weeks a move to appoint Rico Back, the head of Royal Mail (LSE: RMG.L - news) 's parcels delivery arm GLS, as Ms Greene's replacement as soon as this year. The precise timing of Ms Greene's departure from the company was unclear this weekend, although one source close to its board said an announcement was likely to be made before it reports full-year results on 17 May.
- Sky News•last month
Royal Mail fined for sending 300,000 nuisance emails
Royal Mail (LSE: RMG.L - news) has been fined £12,000 for sending more than 300,000 nuisance emails. The Information Commissioner's Office said that on two dates in July last year, the company sent emails to 327,014 people who had previously opted out of receiving direct marketing. The Royal Mail had argued that the messages were a service rather than marketing, but the information commissioner concluded the opposite.
- Sky News•last month
Royal Mail fined £12,000 over nuisance emails
Royal Mail (LSE: RMG.L - news) has been fined £12,000 for sending more than 300,000 nuisance emails. The Information Commissioner's Office said that on two dates in July last year, the company sent emails to 327,014 people who had previously opted out of receiving direct marketing. One of those recipients complained to the ICO, which investigated.
Sky News•2 months agoWhy the unloved FTSE 100 is lagging rivals
It is tempting to blame the FTSE-100's lurch into correction territory simply on concerns over trade wars between the US and China. After all, all of the Footsie's European peers have also fallen sharply since it became clear President Trump was going to slap tariffs on a number of Chinese imports, a measure to which Beijing has retaliated overnight. The UK's main index has on Friday hit a level last seen on 12 December 2016.
- Fool.co.uk•2 months ago
2 top FTSE 250 dividend stocks I’d buy for my ISA
Royston Wild zeroes in on two exceptional FTSE 250 (INDEXFTSE: MCX) income shares that could make you rich.
Sky News•2 months agoFTSE chiefs to air Brexit concerns during summit with May
Some of Britain's leading corporate bosses are expected to raise concerns about Brexit's potential impact on their UK workforces during talks this week with Theresa May. Sky News understands that bosses from companies including BT, ITV (Frankfurt: A0BLQP - news) , Legal & General (LSE: LGEN.L - news) , Lloyds Banking Group and Virgin Money have been invited to a meeting on Thursday with the Prime Minister. Senior (Other OTC: SNIRF - news) figures from leading business lobbying groups such as the Confederation of British Industry (CBI) will also attend, according to a Whitehall source.
Sky News•3 months agoMichael Gove: Water companies must clean up their act or face tougher regulation
Michael Gove has warned water companies that they must change their conduct or face tougher regulation. In a speech to bosses of the UK's main water suppliers, Mr Gove said the industry had not been "acting sufficiently in the public interest". The Environment Secretary said that shareholders of the nine large English regional water and sewage companies received £18.1bn between 2007 and 2016.
- Reuters - UK Focus•3 months ago
Putting pressure on Britain's May, Labour backs new customs union with EU
Britain should enter a new customs union with the European Union, opposition Labour leader Jeremy Corbyn said on Monday, setting up a possible parliamentary defeat for Prime Minister Theresa May who has vowed to leave the arrangement after Brexit. After months watching May's Conservatives voice deep divisions on the EU without committing himself to a clear vision of life outside the bloc, Corbyn said he wanted a "bespoke" customs union with exemptions for Britain on a number of issues.
Sky News•3 months agoPostmasters land funding for legal clash over Post Office IT fiasco
Hundreds of sub-postmasters have secured funding for a class action lawsuit against the state-owned Post Office following an IT fiasco which left them accused of false accounting or theft. Sky News has learnt that Therium Capital Management, a specialist litigation funder, has agreed to back the claim, which has attracted more than 550 participants to date. Some of those affected by flaws in the Horizon accounting system were sent to prison for false accounting, with a substantial number losing their homes or being declared bankrupt as a consequence of their loss of income.
- Reuters - UK Focus•4 months ago
BUZZ-Top of the Street: Sodexo, Airbus, JCDecaux
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star analyst Morgan Stanley cuts Sodexo to "underweight" as operating risk remains highs. Brokerage ...
