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Royal Mail shipments to US flowing in with no disruptions

Royal Mail's US shipments are moving smoothly after the British post and parcel group had to adapt to Washington's ending of tariff exemptions for low-value packages, the CEO of its owner International Distribution Services said today.

Business • 01 Sep

Royal Mail's delivery targets revised to manage delays

Britain's media regulator has today set new minimum acceptable delivery deadlines for Royal Mail, changed some existing targets to prevent long delays, and launched a review of pricing and affordability to address concerns of rising stamp prices.

Business • 10 Jul

Royal Mail remains on track to return to adjusted operating profit before voluntary redundancy costs - despite difficult market conditions in the UK

Royal Mail owner revenue inches higher on busy Christmas

Britain's International Distribution Services said today its revenue inched 0.8% higher during the busy Christmas period as its Royal Mail business handled more international parcels.

Business • 15 Jan

Royal Mail has struggled with labour strikes, competition and loss of market share in recent times

Kretinsky's EP Group agrees to terms for Royal Mail deal

Czech billionaire Daniel Kretinsky's EP Group said today it agreed to certain terms with the UK government for its takeover of Royal Mail's parent, paving the way for a green light on the tightly-scrutinised deal.

Business • 16 Dec 24

Royal Mail employs about 130,000 people in Britain

Royal Mail owner IDS returns to half year profit

The parent firm of Britain's Royal Mail warned of a worsening cost environment following last month's budget and said it could not rule out price hikes and higher automation as it looks to cut costs after returning to a first-half profit.

Business • 21 Nov 24

Royal Mail's revenue grew by 10.6% in its first fiscal quarter of 2024

Royal Mail parent's quarterly revenue rises on demand

International Distribution Services (IDS), the owner of Britain's Royal Mail, has today reported an 8.2% rise in revenue for the first quarter of fiscal 2025, supported by strong parcel demand and more postal votes during the UK elections.

Business • 18 Jul 24

Royal Mail owner International Distribution Services said its auditor, KPMG, has asked for more time to complete its work on the results statement

Royal Mail owner delays results as takeover bid looms

The owner of Royal Mail has indefinitely delayed the release of its annual trading update, originally scheduled for yesterday morning, as the group heads towards a potential overseas takeover.

Business • 24 May 24

International Distribution Services