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Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 18:19

http://www.cityam.com/275576/royal-mail ... -christmas

Royal Mail's profits are set to drop as it reports half-year results this week under a cloud of threatened strike action.

Analysts at Jefferies expect that profits will be down 15 per cent to £270m.

Meanwhile analysts at Hargreaves Lansdown were more optimistic, hoping for a "business as usual" update that would keep shareholders happy. But cost cutting will remain in the spotlight, with headwinds expected from the current pension dispute.

Royal Mail's share price has dropped to 378.3p this year, not far off its 2013 float price of 330p.

It continues to face the threat of further industrial action, though recently won a legal ruling to block strikes at Christmas until further talks can take place.

Professor Lynette Harris has now been appointed to mediate talks between the two parties, in line with a pre-agreed dispute resolution procedure. This process, which must be a minimum of seven weeks long, significantly reduces the chance of industrial action over the Christmas period.

But analysts at Liberum said that there is still downside risk for Royal Mail "from either higher costs to settle the dispute or the threat of disruption encouraging customers to seek alternatives (especially online retailers)".


Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 18:52

Analysts at Jefferies expect that profits will be down, blah, blah, blah ......... :shock:
Meanwhile analysts at Hargreaves Lansdown were more optimistic, blah, blah, blah .......... :shock:
But is anyone really interested ? :cuppa
I doubt if anyone on here is. :cuppa :cuppa :cuppa

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 19:03

Lounge Lizard wrote:Analysts at Jefferies expect that profits will be down, blah, blah, blah ......... :shock:
Meanwhile analysts at Hargreaves Lansdown were more optimistic, blah, blah, blah .......... :shock:
But is anyone really interested ? :cuppa
I doubt if anyone on here is. :cuppa :cuppa :cuppa

:thumbdown

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 20:35

aiden01 wrote:
Lounge Lizard wrote:Analysts at Jefferies expect that profits will be down, blah, blah, blah ......... :shock:
Meanwhile analysts at Hargreaves Lansdown were more optimistic, blah, blah, blah .......... :shock:
But is anyone really interested ? :cuppa
I doubt if anyone on here is. :cuppa :cuppa :cuppa

:thumbdown

who gives a s**t what these people say because there not the ones trying to be shafted by royal fail , and if we hadnt been taken to court to stop I/a then they would have seen a massive drop in profit and share price . they need to remember its the staff that work hard to make the profits not the ones at the top trying to rape the company and service.

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 21:13

Only one person to blame, MOYA, do the decent thing and fall on your sword.

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

12 Nov 2017, 22:02

borgpicard wrote:Only one person to blame, MOYA, do the decent thing and fall on your sword.

to right , :Applause :Applause

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

13 Nov 2017, 05:35

It makes you wonder exactly where the money is going, as parcel volumes are at record numbers while staff numbers dwindle. Something doesn't add up.

Royal Mail's profits expected to decline as bid to stop Christmas strike continues

13 Nov 2017, 15:03

Tell you where the cash is going in noyas pocket in thr 7 years ive been here nevrr seen it as busy theyll keep feeding us the s**t telling us its quiet so they can add more and more on even the managers at our place cant believe the rise in packets in our office this year tracked alone are up ul70 percent from last year this is the stuff they forget to tell you lads!

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