|Bid||425.00 x 0|
|Ask||590.00 x 0|
|Day's range||524.80 - 535.20|
|52-week range||160.05 - 613.80|
|Beta (5Y monthly)||1.65|
|PE ratio (TTM)||8.63|
|Forward dividend & yield||0.20 (3.75%)|
|Ex-dividend date||29 Jul 2021|
|1y target est||N/A|
Royal Mail is weighing plans to axe signed-for parcels under a sweeping review that could also signal the end of Saturday letter deliveries as its new boss fights back against Amazon amid a slump in demand for letters. Simon Thompson, a former executive at Ocado and Apple, has launched a review of Royal Mail’s “whole product suite and offering”, The Telegraph has learned. The six-month review will look at customer appetite for expensive tracked, signed-for and special deliveries as part of an ef
The company said parcel volumes have fallen when compared with the height of the first lockdown but remain ahead of pre-pandemic levels.
(Reuters) -Royal Mail Plc said Britons are having fewer parcels delivered to their homes as pandemic curbs are lifted and it withheld from offering an annual outlook for its UK business due to COVID-19 uncertainties, sending shares down 2% to two-month lows. It also warned on Wednesday that revenue growth at its more profitable international division would taper off this year, even as it reported a 12.5% rise in group revenue in the first quarter. The company said parcel volumes in its UK business fell 13% in the three months ended June 30 from a year ago, with international shipments coming into Britain affected by Brexit, reduced air freight capacity and higher transport costs.