Holland post PostNL a quarter of turnover of 1030000000 euros

In May 6th, Holland post PostNL released financial report, in adverse situation of Holland postal market overall decline in 11.5%, PostNL in the first quarter turnover of 1030000000 euros, operating profit of 77000000 euros, net profit of 54000000 euros. Compared to the same period last year, PostNL sister company TNT express market decline and loss of 410000000 euros.
PostNL said, reduce delivery times and increase postage to increase savings of 41000000 euros, which is the main reason that the performance of the bottomed stabilization. In addition, the postal business volume growth of 5% for its profit growth by 2 percentage points. The company plans to cut costs 95000000 euros to 115000000 euros in 2014. But by the postal market downturn, expected sales in 2014 will drop 9%-12%.
MYEX Minya Express International
2014-05-10