AGM Statement

RNS Number : 9035F

Royal Mail PLC

18 July 2019

 

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN:  GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

18 July 2019

Royal Mail plc

AGM TRADING STATEMENT

Royal Mail plc (RMG.L) will hold its 2019 Annual General Meeting today at 11.00am at the Mercure Exeter Rougemont Hotel, Queen Street, Exeter, EX4 3SP.

At the meeting, Chair, Keith Williams, and Group Chief Executive Officer, Rico Back, will comment on the performance of the Group in the 2018-19 financial year, as detailed in the full year results announcement issued on 22 May 2019 and the Annual Report and Financial Statements 2018-19, and provide an update on the Group's progress in the first three months of the 2019-20 financial year.

Overall, our performance in the first three months of the 2019-20 financial year has been in line with our expectations. The Company reiterates its outlook for the 2019-20 financial year. All other targets and ambitions as set out in our financial results for the full year ended 31 March 2019, and based on the assumptions set out therein, remain unchanged.

The results of voting at the Annual General Meeting will be announced later today.

The results for the half year ending 29 September 2019 are expected to be announced on 21 November 2019.

Enquiries:

Investor Relations

Catherine Nash

Phone: [phone]

Email: [e-mail] 

Royal Mail investor relations line: 020 7449 8183

Media Relations 

Helen Greenwood

Phone: [phone]

Email: [e-mail] 

Royal Mail press office out of hours: 020 7449 8246

Company Secretary

Mark Amsden

Phone: [phone]

Email: [e-mail]  

Disclaimer

This trading update contains certain statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Group or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Persons receiving this release should not place undue reliance on any forward-looking statements.

The Group disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this document to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law, the Prospectus Rules, the Listing Rules or the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority. 

About Royal Mail plc

Royal Mail plc is the parent company of Royal Mail Group Limited, the leading provider of postal and delivery services in the UK and the UK's designated universal postal service provider. UK Parcels, International & Letters (UKPIL) comprises the company's UK and international parcels and letters delivery businesses operating under the "Royal Mail" and "Parcelforce Worldwide" brands. Through the Royal Mail Core Network, the company delivers a one-price-goes-anywhere service on a range of parcels and letters products. Royal Mail has the capability to deliver to more than 30 million addresses in the UK, six days a week (excluding UK public holidays). Parcelforce Worldwide operates a separate UK network which collects and delivers express parcels. Royal Mail also owns General Logistics Systems (GLS) which operates one of the largest ground-based, deferred parcel delivery networks in Europe.

 

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