The Motley Fool

Royal Mail reports big revenue jump, beating 2019 levels

A Royal Mail GLS delivery man
Image source: GLS

On Thursday, Royal Mail Group (LSE: RMG) posted a trading update covering the five months to August 2021. Comparisons to last year, in the depths of the pandemic crisis, are perhaps not too useful. But volumes and revenues are nicely ahead of pre-pandemic 2019 levels.

Chair Keith Williams said: “In Royal Mail, we are increasingly confident that domestic parcels are re-basing at a significantly higher level than pre-COVID and believe we are maintaining our share of the market.”

One Killer Stock For The Cybersecurity Surge

Cybersecurity is surging, with experts predicting that the cybersecurity market will reach US$366 billion by 2028more than double what it is today!

And with that kind of growth, this North American company stands to be the biggest winner.

Because their patented “self-repairing” technology is changing the cybersecurity landscape as we know it…

We think it has the potential to become the next famous tech success story. In fact, we think it could become as big… or even BIGGER than Shopify.

Click here to see how you can uncover the name of this North American stock that’s taking over Silicon Valley, one device at a time…

Total revenue grew by 8.2% over the equivalent period last year, and by 17.7% compared to 2019. Domestic parcels volume did drop compared to a year ago, by 5%. But we were in the thick of lockdowns back then, with ordering things by post pretty much the only option. Still, domestic parcels revenue did actually rise by 4.1%.

And compared to the same five months in 2019, domestic parcels volumes rose by an impressive 34%, with revenue up 44.5%. Addressed letter volumes fell by 19% over two years (excluding election mail). But that’s a trend that’s been with us for some time and seems destined to continue.

At GLS, volume was up 9% over last year and 30% over 2019. On the revenue front, we’re looking at an increase of 9.3% over 2020 and a 30.5% boost from the same period in 2019.

Royal Mail share price

On the face of it, these look like impressive figures. But the market appears less than thrilled, with the Royal Mail share price dropping 1% in early trading. It has, however, more than doubled over the past two years.

To find out what all this will do for the bottom line, we won’t have to wait too much longer. Interim results should be with us on 18 November.

Inflation Is Coming: 3 Shares To Try And Hedge Against Rising Prices

Make no mistake… inflation is coming.

Some people are running scared, but there’s one thing we believe we should avoid doing at all costs when inflation hits… and that’s doing nothing.

Money that just sits in the bank can often lose value each and every year. But to savvy savers and investors, where to consider putting their money is the million-dollar question.

That’s why we’ve put together a brand-new special report that uncovers 3 of our top UK and US share ideas to try and best hedge against inflation…

…because no matter what the economy is doing, a savvy investor will want their money working for them, inflation or not!

Best of all, we’re giving this report away completely FREE today!

Simply click here, enter your email address, and we’ll send it to you right away.

Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Our 6 'Best Buys Now' Shares

Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.

So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee.

Simply click below to discover how you can take advantage of this.