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Royal Mail PLC

RMG.L

Latest Trade

184.75GBp

Change

3.45(+1.90%)

Volume

3,269,242

Today's Range

181.65

 - 

185.70

52 Week Range

118.86

 - 

258.60

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

Latest Developments

Royal Mail Signs Deal To Design, Build Automated Parcel Sorting System

July 30 (Reuters) - Royal Mail Plc <RMG.L>::SIGNS DEAL WITH BEUMER GROUP TO DESIGN, BUILD AUTOMATED PARCEL SORTING SYSTEM FOR NEW FULLY AUTOMATED NORTH WEST PARCEL HUB IN WARRINGTON .

Royal Mail Says Quarterly Parcel Volume Up 38% Year On Year

July 21 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL PLC - QUARTERLY PARCEL VOLUME UP 38% YEAR ON YEAR (117 MILLION MORE PARCELS).ROYAL MAIL PLC - VOLUME TRENDS FOR Q1 OVERALL WERE BROADLY UNCHANGED FROM UPDATE PROVIDED ON 25 JUNE.ROYAL MAIL PLC - ADVERTISING MAIL IN ROYAL MAIL CONTINUES TO BE IMPACTED BY GDP AND LOW LEVELS OF BUSINESS ACTIVITY.ROYAL MAIL PLC - AS UK STARTS TO COME OUT OF LOCKDOWN WE ARE NOT SEEING ANY CHANGE AS YET IN CUSTOMER BEHAVIOUR.ROYAL MAIL PLC - FOLLOWING JOINT STATEMENT ON 29 JUNE BETWEEN ROYAL MAIL AND CWU, TALKS WITH CWU ARE PROGRESSING.ROYAL MAIL PLC - INITIATIVES ANNOUNCED ON 25 JUNE ARE ALL UNDERWAY.ROYAL MAIL - INTEGRATION OF PARCELFORCE , MANAGEMENT RESTRUCTURE, ACTIONS ON NON-PEOPLE COSTS, CAPEX REDUCTION INITIATIVES, ARE ALL UNDERWAY.ROYAL MAIL PLC - QUARTERLY GLS VOLUMES UP 22% YEAR ON YEAR.

UK's Ofcom says Royal Mail Fined £1.5m For Missing 2018/19 Delivery Target

July 10 (Reuters) - Royal Mail PLC <RMG.L>::UK'S OFCOM - FINED ROYAL MAIL £1.5M FOR FAILING TO MEET ITS REGULATORY FIRST-CLASS DELIVERY TARGET IN 2018/19.UK'S OFCOM - ALSO FINED ROYAL MAIL £100,000 FOR OVERCHARGING CUSTOMERS FOR SECOND-CLASS STAMPS BETWEEN 25 MARCH AND 31 MARCH LAST YEAR.

Royal Mail Says Co, CWU Agree Talks Aimed At Resolving Current Dispute

July 1 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL AND COMMUNICATION WORKERS UNION (CWU) HAVE AGREED A PROGRAMME OF TALKS AIMED AT RESOLVING THEIR CURRENT DISPUTE.TALKS WITH CWU TO COVER FINANCIAL POSITION OF CO, LOCAL REVISION AND CHANGE ACTIVITY, PAY.TALKS WITH CWU WILL ALSO OVER OPERATIONAL CHANGE AND FUTURE STRATEGY OF ROYAL MAIL, INCLUDING PARCELFORCE.

Vesa Equity Investment Discloses 9.76% Stake In Royal Mail As Of June 25

June 30 (Reuters) - Royal Mail PLC <RMG.L>::VESA EQUITY INVESTMENT S.À R.L. DISCLOSES 9.76% STAKE IN ROYAL MAIL AS OF JUNE 25 VERSUS PRIOR STAKE OF 8.20% - FILING.

Royal Mail Proposes Management Restructure Impacting Around 2,000 Roles

June 25 (Reuters) - Royal Mail PLC <RMG.L>::FULL YEAR RESULTS 2019-20.FY PRETAX PROFIT 180 MILLION STG.FY ADJUSTED OPERATING PROFIT 325 MILLION STG.IMPLEMENTING A THREE-STEP PLAN.TAKING IMMEDIATE ACTION ON COSTS, WHICH WILL RESULT IN A £130 MILLION SAVING IN PEOPLE COSTS NEXT YEAR.A REDUCTION OF AROUND £300 MILLION IN CAPEX ACROSS GROUP OVER NEXT TWO YEARS.PROPOSING A MANAGEMENT RESTRUCTURE IMPACTING AROUND 2,000 ROLES.DIVIDEND PER SHARE OF 7.5P REFLECTS BOARD DECISION NOT TO RECOMMEND FINAL DIVIDEND FOR 2019-20..BOARD DOES NOT INTEND TO PAY ANY DIVIDEND IN RELATION TO 2020-21.AMBITION IS TO RE-COMMENCE DIVIDEND PAYMENTS IN 2021-22, SUPPORTED BY GLS.FY GROUP REVENUE INCREASED BY £259 MILLION, OR £396 MILLION AFTER ADJUSTING FOR 53(RD) WEEK IN 2018-19..FY NET DEBT INCREASED TO £1,132 MILLION, MAINLY DUE TO IFRS 16.FY ADJUSTED PROFIT BEFORE TAX 275 MILLION STG VERSUS 398 MILLION STG.NO FINAL DIVIDEND RECOMMENDED FOR 2019-20.FY PARCEL VOLUMES UP 2 PER CENT, LOWER THAN EXPECTED.NO DIVIDEND EXPECTED TO BE PAID IN RESPECT OF 2020-21.AMBITION TO RE-COMMENCE DIVIDEND PAYMENTS IN 2021-22, SUPPORTED BY GLS.LARGEST REDUCTIONS IN SENIOR EXECUTIVE ROLES AND NON-OPERATIONAL FUNCTIONS.FY REVENUE 10,840 MILLION STG VERSUS 10,581 MILLION STG.CONTINUE TO EXPECT ROYAL MAIL (UKPIL) TO BE MATERIALLY LOSS-MAKING IN 2020-21.JAMES RIETKERK HAS TODAY STEPPED DOWN AS GLS CHIEF EXECUTIVE OFFICER.

Vesa Equity Investment S.À R.L. Discloses 7.13% Stake In Royal Mail As Of May 19 - Filing

May 22 (Reuters) - Royal Mail PLC <RMG.L>::VESA EQUITY INVESTMENT S.À R.L. DISCLOSES 7.13% STAKE IN ROYAL MAIL AS OF MAY 19 VERSUS PRIOR STAKE OF 6.01% - FILING.

Royal Mail CEO Rico Back To Step Down

May 15 (Reuters) - Royal Mail PLC <RMG.L>::COVID-19 UPDATE AND DIRECTORATE CHANGE.COVID-19 UPDATE AND DIRECTORATE CHANGE.YEAR ON YEAR UKPIL REVENUE DOWN £22 MILLION IN APRIL..BOARD AND RICO BACK HAVE AGREED HE WILL STEP DOWN AS GROUP CEO, AND FROM GROUP BOARD, WITH IMMEDIATE EFFECT.SUBSTANTIAL SWITCH FROM LETTERS TO PARCELS IN UK. UK PARCELS VOLUME UP 31 PER CENT AND REVENUE UP 20 PER CENT..KEITH WILLIAMS BECOMES INTERIM EXECUTIVE CHAIR OF ROYAL MAIL GROUP AND STUART SIMPSON BECOMES INTERIM CEO OF ROYAL MAIL.308 MILLION FEWER ADDRESSED LETTERS (DOWN 33 PER CENT). LETTER REVENUE DOWN 23 PER CENT, OFFSET, IN PART, BY 36 MILLION MORE PARCELS.GLS SITUATION STILL EVOLVING. SHIFT FROM B2B TO B2C PARCELS ACROSS ALL MARKETS IN UK AND OVERSEAS..SIGNIFICANT VOLATILITY IN PARCEL VOLUMES AS COVID-19 PANDEMIC HAS DEVELOPED ACROSS KEY MARKETS.LIQUIDITY POSITION REMAINS STRONG..TOTAL LIQUIDITY (INCLUDING UNDRAWN FACILITIES) AROUND £1.8 BILLION.GROUP HAS ABILITY TO ACCESS COVID CORPORATE FINANCING FACILITY (CCFF), IF REQUIRED..SIGNIFICANT VOLATILITY IN PARCEL VOLUMES AS COVID-19 PANDEMIC HAS DEVELOPED ACROSS KEY MARKETS.STUART SIMPSON HAS BEEN APPOINTED INTERIM CEO OF ROYAL MAIL (UKPIL). THIS IS A BOARD APPOINTMENT. MICK JEAVONS WILL BE INTERIM GROUP CFO.SATURDAY DELIVERIES ARE SCHEDULED TO RESUME ON 13 JUNE 2020..BOARD AND RICO BACK HAVE AGREED HE WILL STEP DOWN AS GROUP CEO AND FROM GROUP BOARD WITH IMMEDIATE EFFECT.BOARD HAS DETERMINED THAT NO BONUSES WILL BE PAID FOR 2019-20 TO EXECUTIVE DIRECTORS..

Vesa Equity Investment SÀRL Discloses 6.01% Stake In Royal Mail As Of May 7

May 12 (Reuters) - Filing: :VESA EQUITY INVESTMENT S.À R.L. DISCLOSES 6.01% STAKE IN ROYAL MAIL AS OF MAY 7 VERSUS PRIOR STAKE OF 5.35% - FILING.

Royal Mail Says 'Disappointed' CWU Members Voted In Favour Of Industrial Action

March 17 (Reuters) - Royal Mail PLC <RMG.L>::ROYAL MAIL PLC - OUTCOME OF BALLOT FOR INDUSTRIAL ACTION.ROYAL MAIL PLC - RECEIVED NOTIFICATION FROM CWU OF RESULTS OF ITS ROYAL MAIL MEMBER BALLOT FOR INDUSTRIAL ACTION..ROYAL MAIL - IS DISAPPOINTED CWU MEMBERS HAVE VOTED (94.5 PER CENT) IN FAVOUR OF INDUSTRIAL ACTION.ROYAL MAIL - AS CORONAVIRUS CRISIS DEVELOPED, HAVE WORKED WITH CWU TO FORMULATE, IMPLEMENT APPROPRIATE SICK PAY AND ABSENCE POLICY FOR COLLEAGUES.ROYAL MAIL PLC - JOINTLY AGREED POLICY AND COMMUNICATED IT TO COLLEAGUES LAST WEEK.ROYAL MAIL - COLLEAGUES, INCLUDING THOSE WITH LESS THAN 1-YEAR SERVICE, TO RECEIVE FULL PAY IN RELATION TO ANY CORONAVIRUS ILLNESS OR SELF-ISOLATION.

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

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