Proactive Investors - Run By Investors For Investors

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.

 
Meet Yellow Cake PLC, Avation PLC, Manolete Partners PLC and Crossword Cybersecurity Plc at our event, London , 05 September 2019. Register here »
View full RMG profile View Profile

Royal Mail PLC Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use