Investomania5 May 2018 09:48
Royal Mail’s growth prospects are relatively mixed in my view. In the UK, it continues to experience difficulties in its letters division, while its parcels segment could generate some growth over the medium term.
Internationally, though, it is a different story. Its GLS division has the potential to report double-digit growth over the medium term in my view after a strong recent performance. This could drive Royal Mail’s profitability higher and lead to a higher dividend.