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The Markets
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Proactive UK has moved.
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Business & education services

Ofcom fine adds to Royal Mail’s cashflow woes, says Peel Hunt

Today’s £10.5 million fine given to Royal Mail from communications regulator Ofcom has done no favours for the International Distribution Services PLC (LSE:IDS)-owned delivery service’s cashflow worries.

According to Peel Hunt analysts, Royal Mail is expected to suffer cash outflows in both the 2025 and 2026 financial years.

"This fine will only increase those and make it harder for much-needed investment to take place,” said Peel Hunt.

Peel Hunt also stated that it expects ​​Czech billionaire Daniel Kretinsky’s £3.6 billion IDS acquisition to take place in the first quarter of 2025.

IDS shares were flat at 357.8p each on Friday.

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