TNT express three quarter turnover and profits double down

In October 28th, TNT released the latest report said the courier company, its third quarter turnover of EUR 1600000000, drop compared to the same period 6.6%, net profit of 6000000 euros, down 25%. Influenced by Western European markets continued price pressure, TNT expects its operating condition is improved in a few months.
At present, TNT is undergoing a restructuring, plans to cut 4000 jobs in 2015, in order to cut costs 220000000 euros.
MYEX Minya Express International
2013-11-01