International Distribution Services (IDS)

Sector:

Commercial Transport

Index:

FTSE 250

336.20p
   
  • Change Today:
      2.20p
  • 52 Week High: 337.00
  • 52 Week Low: 196.15
  • Currency: UK Pounds
  • Shares Issued: 958.29m
  • Volume: 6,790,259
  • Market Cap: £3,221.78m
  • RiskGrade: 103

Royal Mail trials seven-day parcel delivery

By Sean Farrell

Date: Friday 12 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Royal Mail is starting a trial of Sunday parcel deliveries for major retailers to tap into the online shopping boom.
The company said the trial would open the door to parcel deliveries seven days a week, the BBC reported.

Parcel deliveries at Royal Mail have soared during the Covid-19 crisis, outstripping letters for the first time. Royal Mail said consumers now expected to receive their parcels as soon as possible after ordering.

Competitors such as DPD and Hermes already deliver on Sunday for Amazon and major retailers. Royal Mail said a number of unidentified retail brands were testing its service.

Royal Mail piloted Sunday deliveries in 2014 but did not go ahead with the service. Since then online shopping has surged and customers expect seven-day delivery, the company said.

Nick Landon, chief commercial officer at Royal Mail, said: "The last year has reset so many customer expectations and the desire for even more convenient and even more frequent parcel deliveries has certainly been one of them."

Royal Mail increased its guidance for annual profit on Wednesday after letter volumes beat expectations and parcel deliveries stayed strong.







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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 336.20p
Change Today 2.20p
% Change 0.66 %
52 Week High 337.00
52 Week Low 196.15
Volume 6,790,259
Shares Issued 958.29m
Market Cap £3,221.78m
RiskGrade 103

IDS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
85.61% above the market average85.61% above the market average85.61% above the market average85.61% above the market average85.61% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income
91.45% below the market average91.45% below the market average91.45% below the market average91.45% below the market average91.45% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
56.94% below the market average56.94% below the market average56.94% below the market average56.94% below the market average56.94% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% 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 Final
Ex-Div 22-Aug-24 28-Jul-22
Paid 30-Sep-24 06-Sep-22
Amount 2.00p 13.30p

Trades for 31-May-2024

Time Volume / Share Price
08:24 500,000 @ 334.00p
16:40 318,543 @ 335.50p
17:04 32,055 @ 333.77p
17:04 32,055 @ 333.60p
17:04 1,385 @ 333.77p

IDS Key Personnel

CEO Martin Seidenberg
CFO Michael Frederick Snape

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