Royal Mail Plc releases results for the half year ended 29 September 2019

  • Nov 21, 2019 GMT
  • Team Kalkine
  • Group revenue was up 5.1% to £5,166 million
  • Reported operating profit was at £61 million, up £65 million from the year-ago period
  • Net debt increased to £1,372 million on adoption of IFRS 16.
  • The Board recommended an interim dividend of 7.5 pence per share for the half-year compared to 8 pence per share in the year-ago period.
  • On 21st November 2019, RMG shares were trading at GBX 190.65 at GMT 09:27 AM, down 40.65 points or 17.57% from the previous day’s closing price level.

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