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Royal mail


Kimosabi
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9 hours ago, GarethM said:
WWW.STATISTA.COM

The operating profit of the Royal Mail Group did not follow a stable path, and it mainly experienced dramatic ups and...

 

 

 

That link is a bit misleading as the graph is actually the operating costs of the Royal Mail and NOT the profits. 

 

The profits were actually a profit going in to a loss just before the pandemic, the pandemic then gave the RM a significant profitable period dwindling toward a thumping loss this year so a company getting hammered by the low cost couriers etc pre pandemic, getting a reprieve from the pandemic and then losing market again.

My view from the outside is that the company was struggling and was saved for three years and now is losing £1 Million a day and pissing away its business to others caused by the strike.

The long and short is the company goes bust or is nationalised - the share price has dropped from 600 to 200 so not looking good for a big wage rise any time soon!

Royal Mail sank to heavy losses thanks to strikes in the first half

Edited by spudulike
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1 minute ago, spudulike said:

That link is a bit misleading as the graph is actually the operating costs of the Royal Mail and NOT the profits. 

 

The profits were actually a profit going in to a loss just before the pandemic, the pandemic then gave the RM a significant profitable period dwindling toward a thumping loss this year so a company getting hammered by the low cost couriers etc pre pandemic, getting a reprieve from the pandemic and then losing market again.

My view from the outside is that the company was struggling and was saved for three years and now is losing £1 Million a day and pissing away its business to others caused by the strike.

The long and short is the company goes bust or is nationalised - the share price has dropped from 600 to 200 so not looking good for a big wage rise any time soon!

Thank you, I had a feeling that Andy’s figures showing they were making loads of money was wrong, but I really couldn’t be bothered to spend time reading up on it all!

 

 In fact I am sure I saw a headline a few weeks ago saying they have lost so much business due to the strikes they have had to make thousands of posties redundant.

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10 minutes ago, Squaredy said:

Thank you, I had a feeling that Andy’s figures showing they were making loads of money was wrong, but I really couldn’t be bothered to spend time reading up on it all!

 

 In fact I am sure I saw a headline a few weeks ago saying they have lost so much business due to the strikes they have had to make thousands of posties redundant.

Cutting their own throat 

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23 hours ago, GarethM said:

Being naked wasn't the problem from what I heard. It was you leaving one of those you weren't in slips, but you must have run out paper and ink and wrote something almost illegible on a tissue.

 

"You weren't in so I put my package in the wheelie bin"?

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