By Chris Bailey of Financial Orbit | Friday 14 October 2022
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I will let other experts write about the company I call Royal Wail, Henry the Eighth called The Royal Mail and apparently today it is known as International Distributions Services plc (IDS), which today seems quite good at strikes and anticipating higher losses. Apparently, “excluding any charges for voluntary redundancy costs…this may increase to around a £450 million loss if customers move volume away for longer periods following the initial disruption". One for the experts to say the least… Meanwhile, I am more interested in today’s update from the multinational packaging and paper group Mondi (MNDI).
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