‌Royal Mail owner investment case finely balanced, suggests UBS

Royal Mail owner International Distribution Services has received a minor downgrade to earnings from UBS, which says the investment case for the Royal Mail owner remains finely balanced. Announcements in recent weeks have been a seesaw says the broker, with some positive and some not so. Plusses have been “A more aggressive price increases in the UK letters/parcels business vs history, a market share recovery program well on track and progress in terms of meaningful potential mid-term USO cost reductions”. ...