August 29, 2016 7:33 PM ET

Air Freight and Logistics

Company Overview of Royal Mail plc

Company Overview

Royal Mail plc provides postal services in the United Kingdom and other Europe. The company operates through UK Parcels, International & Letters (UKPIL); and General Logistics Systems (GLS) segments. The UKPIL segment engages in core UK and international parcels and letter delivery businesses under the Royal Mail and Parcelforce Worldwide brands. It provides services for the collection, sorting, and delivery of parcels and letters. This segment also designs and produces stamps and philatelic items, as well as offers media and marketing mail services. The GLS segment operates ground-based parcel delivery networks in Europe comprising the GLS network covering 41 European countries and nation s...

100 Victoria Embankment

London,  EC4Y 0HQ

United Kingdom

Founded in 2013

156,535 Employees

Key Executives for Royal Mail plc

Chief Executive Officer, Executive Director and Member of Chief Executive's Committee
Age: 62
Total Annual Compensation: 996.0K GBP
Chief Financial Officer, Executive Director, Member of Chief Executive's Committee and Member of Pensions Committee
Age: 53
Total Annual Compensation: 821.0K GBP
Compensation as of Fiscal Year 2016.

Royal Mail plc Key Developments

Royal Mail plc Reports Trading Results for the Three Months Ended June 26, 2016

Royal Mail plc reported trading results for the three months ended June 26, 2016. For the period, the company's overall trading was in line with the company's expectations.

Royal Mail plc Launches New Online-Registration Tool

Royal Mail plc has launched an automated online-registration tool for British companies to sell to Chinese consumers through its Tmall Global storefront. The tool brings a low-cost market entry solution within reach of British companies that would previously not have been able to afford to enter the Chinese market. This is part of the Royal Mail's strategy to pursue faster growing areas of the UK and international markets. Launched in 2015, Royal Mail's Tmall Global Storefront makes it easier for British companies of all sizes to reach China's e-commerce consumers.

Royal Mail and Communication Workers Union Reach One-Year Pay Agreement

Royal Mail plc and Communication Workers Union (CWU) negotiators have reached agreement on a one-year pay deal for 2016-17. The pay deal is subject to a ballot in favour by CWU members. The Union will recommend that its members accept the pay offer. CWU-grade employees at Royal Mail (including Parcelforce Worldwide) will receive a 1.6% increase in base salary, backdated to early April 2016. The pay increase also applies to basic pay supplements, skills and shift allowances, London Weighting, overtime and scheduled attendance rates.

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