Why Royal Mail is the ultimate contrarian play

We explain the issues facing the UK parcels and letters delivery group and why the stock is still attractive
Thursday 12 Oct 2017 Author: Lisa-Marie Janes
The strikes facing parcel delivery service Royal Mail ( RMG ) are just the latest in the series of problems dragging on the company’s performance. Approximately 111,000 postal workers will go on strike between 19 and 21 October over pay and pensions. This is despite Royal Mail already paying staff above-industry rates and generous pension contributions. The profitability of the company is highly sensitive to small changes in wage...

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