International Distribution Services PLC (OTCPK:ROYMY)
$ 8.97 0.04 (0.45%) Market Cap: 4.29 Bil Enterprise Value: 6.59 Bil PE Ratio: 13.49 PB Ratio: 1.00 GF Score: 76/100
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Royal Mail PLC Buisness Performance & COVID-19 Update Call Transcript

May 15, 2020 / 08:00AM GMT
Release Date Price: $4.24 (+7.61%)
John Crosse
Royal Mail PLC - Director of IR

Good morning, everybody. This is John Crosse, Director of Investor Relations. Thank you very much for joining us on short notice for the call this morning. I'll just briefly direct you to the regulatory statements in our release and, without further ado, I will hand you straight over to Keith Williams.

Keith Williams
Royal Mail PLC - Executive Chair

Good morning, everybody. As John just said, thanks for joining as it is short notice. I hope you have had an opportunity to read our next announcement this morning. I'm joined by Stuart Simpson on the call and he will run through the trading update in a few moments. But before that, let me comment on the management changes we've announced today.

Rico, as many of you will know, was appointed Group CEO of Royal Mail in 2018 and he'd been a successful CEO of GLS for around 18 years. And since his time as joining as Group CEO, he's been instrumental in the building up of our European parcels business and, more recently, setting the strategy in the UK to look at the

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