Streetbeat News

ROYMY

International Distributions Services Plc

https://www.royalmailgroup.com/

CEO

Rico Back

Industry

Postal Service

Open

9.45

Mkt cap

4.4B

Volume

High

9.45

P/E Ratio

13.58

52-wk high

9.45

Low

9.23

Div yield

0.00

52-wk low

5.62

Royal Mail partners with Watershed to decarbonise its supply chain, enhancing its sustainability program. This move supports its position as the UK's greenest delivery option, utilizing 100% renewable electricity and a large electric van fleet.

Portfolio Pulse from

March 17, 2025 | 9:15 am

The completion of EP Group's takeover of Royal Mail-owner International Distribution Services is delayed to Q2 2025 due to regulatory issues in Romania.

Portfolio Pulse from

March 05, 2025 | 12:45 pm

Ofcom has proposed changes allowing Royal Mail to reduce second-class letter deliveries to alternate weekdays and eliminate Saturday rounds. This regulatory change could impact Royal Mail's operations and cost structure.

Portfolio Pulse from

January 30, 2025 | 10:30 am

Royal Mail is under scrutiny following allegations that some managers are instructing workers to falsely mark parcels as 'inaccessible' to meet bonus targets. This has led to calls for an investigation into these practices.

Portfolio Pulse from

December 24, 2024 | 9:30 am

International Distributions Services plc, owner of Royal Mail, received a share rating upgrade from Panmure Liberum due to the UK government's expected approval of EP Group's takeover. The target price was increased to 368p from 200p.

Portfolio Pulse from

December 17, 2024 | 10:00 am

Daniel Kretinsky's EP Group has received government approval for its £3.6 billion takeover of Royal Mail, marking a significant step in bringing the company under foreign ownership. The approval is contingent on several commitments.

Portfolio Pulse from

December 16, 2024 | 12:15 pm

Daniel Kretinsky's EP Group has reached an agreement with the UK government regarding its takeover of International Distribution Services (IDS), the owner of Royal Mail. The terms are conditional upon the completion of the acquisition.

Portfolio Pulse from

December 16, 2024 | 9:15 am

The UK government has approved Czech billionaire Daniel Kretinsky's $6.7 billion bid to acquire Royal Mail, as reported by the Financial Times.

Portfolio Pulse from

December 16, 2024 | 12:45 am

Royal Mail has been fined £10.5 million by Ofcom for not meeting delivery targets in the 2023/24 financial year. This follows a previous fine of £5.6 million in November 2023.

Portfolio Pulse from

December 13, 2024 | 8:00 am

Royal Mail plans to install 250 parcel delivery lockers to capitalize on the growing online parcel market. This move aligns with industry trends where lockers are used for convenient pick-up and drop-off of online purchases.

Portfolio Pulse from

December 12, 2024 | 4:00 pm

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