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EFTA Document EFTA01385539
Title Matchefta-efta01385539
Case Filesd-10-EFTA01385539Dept. of JusticeEFTA Document EFTA01385539
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Case File
sd-10-EFTA01385539Dept. of JusticeEFTA Document EFTA01385539
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> BLT Deutsche Bank Q Royal Mail - Andy Chu, SELL, close 454p, 359p tgt, 21% downside ■ It will be tougher to restructure in the coming twelve months. Modernisation and cost cutting are essential, but this will be difficult with weak GDP growth, Brexit risk, high wage pressures and union negotiations. ■ Still in the early phases of transformation. Postal and parcel network businesses are very complex, making restructuring very challenging. - Royal Mail lags behind Deutsche Post DHL by tw
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Dept. of Justice
Reference
sd-10-EFTA01385539
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