royalmail
Domestic flights will no longer be used to transport letters by Germany’s national postal carrier. The move from Deutsche Post reflects the declining significance of letter mail and allows it to improve its climate footprint. After 63 years, the last planes carrying letters between northern and southern Germany, operated by Lufthansa unit Eurowings and Tui Fly, flew overnight on 28 March on the Stuttgart-Berlin, Hannover-Munich and Hannover-Stuttgart routes. Letters between those destinations will now be transported by road, allowing the company to reduce transport-related carbon dioxide emiss...
Euronews (English)
Unexpected rise in US Brent crude inventory sees prices under pressureConsumer prices in China increased 2.7% in JulyUS dollar steadies as markets wait for US inflation dataRoyal Mail faces one of summer’s biggest strikes over postal worker payOil Demand Comes Under PressureMatt Britzman, Equity Analyst at Hargreaves Lansdown “US Brent crude inventory unexpectedly rose last week put pressure on oil prices, with a barrel now hovering between $95-$96. Stockpiles rose by a little over 2 million against expectations of a drop of 400 thousand in the latest signal that demand’s under pressure from a...
ValueWalk
Royal Mail Is Late To The PartyThere’s a real urgency about digital transformation this morning but you can’t help feeling Royal Mail is embarrassingly late to the party. “We have no time to waste” is a nice sentiment and those parcel hubs and better online services can’t come quick enough but the world already saw the direction of travel long before Covid hit. Q1 2022 hedge fund letters, conferences and more So, rather than management’s assertion that the pandemic has shown us all how customer needs can change, in reality the only people surprised by it all is them. Our increasingly paperless...
ValueWalk
Royal Mail PLC (LON:RMG) reported a 7.1% year-on-year increase in first half revenues, reaching £6.1bn. That reflects good growth internationally, a modest recovery in UK letters and growth in UK parcel revenues. Q3 2021 hedge fund letters, conferences and more Underlying operating profits came in at £404m, up from £37m a year ago, as the group saw the benefits of past restructuring efforts, increased automation and easing COVID restrictions. The group announced an interim dividend of 6.7p per share. Royal Mail also announced plans to return £400m to shareholders, with a £200m buyback and £200...
ValueWalk
“Royal Mail PLC (LON:RMG) has opened a bulging sack of profits for the year, showing its success in capitalising on the e-commerce boom. Adjusted operating profits surged to £702 million, up 116%. [soros] Q1 2021 hedge fund letters, conferences and more Royal Mail’s Runaway SuccessThis postman has rung twice, not just with a sharp increase in parcel volumes at Royal Mail, but also with its international business GLS, which is enjoying runaway success. But keeping up with the demand for online shopping has come with a significant cost. Delivering parcels is a more expensive business, than light...
ValueWalk
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