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Royal Mail PLC

Royal Mail update 'further recognition of its ongoing issues' - analyst Richard Hunter

Interactive Investor's Head of Markets Richard Hunter speaks to Proactive London's Andrew Scott after Royal Mail Group PLC (LON:RMG) cut the upper range of its 2019 profit guidance.

The postal operator said it's expecting letter volumes next year to decline more than previously estimated and parcel deliveries to slow.

RMG's been struggling with falling letter volumes as more consumers and businesses switch to electronic communication.

Quick facts: Royal Mail PLC

Price: £2.25

Market: LSE
Market Cap: £2.25 billion
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