International Distributions Services plc
Formerly
  • Royal Mail Limited (2013–2013)
  • Royal Mail plc (2013–2022)
TypePublic limited company
LSE: IDS
Industry
Founded2013
HeadquartersLondon, England
Key people
RevenueIncrease £12.712 billion(2022)[1]
Decrease £577 million (2022)[1]
Decrease £612 million (2022)[1]
Number of employees
162,360 (2022)[1]
Divisions
Websiteinternationaldistributionsservices.com

International Distributions Services plc (formerly Royal Mail Limited and Royal Mail plc) is a British company providing postal and courier services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]

History

The company was established in September 2013, in anticipation of its initial public offering on the London Stock Exchange in October 2013.[3] During the company's Annual General Meeting on 20 July 2022, it was announced that the holding company responsible for both Royal Mail and GLS would change its name to International Distributions Services. It was also suggested that the board of directors may look to separate GLS in order to distance the profitable company from Royal Mail, which are currently in negotiations with the CWU over both pay and future changes to ways of working.[4] The name change was filed with Companies House on 28 September 2022 and registered on 3 October.[5]

Operations

The company is organised into the following businesses:[6]

References

  1. 1 2 3 4 "Annual Report 2021/22" (PDF). International Distributions Services. Retrieved 16 February 2023.
  2. ↑ "FTSE UK Index Series Annual Review June 2023 – Amendment". FTSE Russell. 6 June 2023. Retrieved 16 June 2023.
  3. ↑ Peston, Robert (27 September 2013). "Royal Mail sold today". BBC News. Retrieved 1 October 2013.
  4. ↑ "Royal Mail threatens to split up business as it reports £1m a day loss". The Guardian. Retrieved 20 July 2022.
  5. ↑ "NM04 notice for Royal Mail plc". 3 October 2022. Retrieved 25 October 2022.
  6. ↑ "Our businesses". International Distributions Services. Retrieved 24 July 2023.
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