International Distribution Services (IDS)

Sector:

Commercial Transport

Index:

FTSE 250

319.80p
   
  • Change Today:
      5.00p
  • 52 Week High: 327.60
  • 52 Week Low: 196.15
  • Currency: UK Pounds
  • Shares Issued: 958.29m
  • Volume: 2,411,059
  • Market Cap: £3,064.62m
  • RiskGrade: 103

Royal Mail appoints Heathrow executive as new CEO

By Frank Prenesti

Date: Tuesday 02 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around.
Emma Gilthorpe, the west London airport's chief operating officer since 2020, will join Royal Mail in May, IDS said in a statement on Tuesday.

The job is a new post created under IDS boss Martin Seidenberg. The group's parcels business, GLS, has a separate CEO, Karl Pfaff.

Seidenberg, who took on the Royal Mail job on an interim basis last July, will hold the reins until Gilthorpe joins.

Once in public ownership until the Conservative/LibDem coalition government decided to offload it in 2010, the company has struggled to keep pace with the reduction in letter volumes amid the rise in emails and courier companies grabbing a growing slice of the parcel market.

It has also been criticised for large delays in delivery times for mail and an antagonistic approach to industrial relations, which led to a wave of strikes last year over pay and conditions.

Reporting by Frank Prenesti for Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IDS Market Data

Currency UK Pounds
Share Price 319.80p
Change Today 5.00p
% Change 1.59 %
52 Week High 327.60
52 Week Low 196.15
Volume 2,411,059
Shares Issued 958.29m
Market Cap £3,064.62m
RiskGrade 103

IDS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.98% below the market average1.98% below the market average1.98% below the market average1.98% below the market average1.98% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
77.76% above the market average77.76% above the market average77.76% above the market average77.76% above the market average77.76% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income
24.28% above the market average24.28% above the market average24.28% above the market average24.28% above the market average24.28% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
49.39% below the market average49.39% below the market average49.39% below the market average49.39% below the market average49.39% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 4
Sell 0
Strong Sell 1
Total 7
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IDS Dividends

  Latest Previous
  Final Special
Ex-Div 28-Jul-22 02-Dec-21
Paid 06-Sep-22 12-Jan-22
Amount 13.30p 20.00p

Trades for 24-May-2024

Time Volume / Share Price
16:35 735,228 @ 319.80p
16:35 13,502 @ 319.80p
16:35 176 @ 319.80p
16:35 2,128 @ 319.80p
16:35 1,183 @ 319.80p

IDS Key Personnel

CEO Martin Seidenberg
CFO Michael Frederick Snape

Top of Page