Royal Mail PLC (RMG.L)
20 Mar 2019
Tue, Feb 12 2019
* SCHRODERS PLC DISCLOSES 5.005 PERCENT STAKE IN ROYAL MAIL PLC - FILING Source text for Eikon: Further company coverage:
Royal Mail Plc reined in its full-year profit forecast on Tuesday and spoke of a larger than expected decline in letter volumes, sending its shares down as much as 18 percent to a record low.
* 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.
LONDON Insurance group Hiscox and Spirax-Sarco Engineering will be joining Britain's top share FTSE 100 index as a result of this month's quarterly review, FTSE Russell said on Wednesday.
MILAN 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.
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)
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.