TNT Express B.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
29 jul 2013 - 08:00
Statutory name
TNT Express B.V.
Title
2Q13 results: Challenging trading conditions continue, focus on operational improvements
Comments
Reported revenues €1,702m (-3.1%), reported operating income €(280)m (2Q12: €94m)
Adjusted revenues €1,736m (-1.1%), adjusted operating income €71m (2Q12: €97m)
Adjustments to operating income include €296m goodwill impairments and €53m fair value
adjustments
Solid period end net cash position of €287m (1Q13: €280m)
Strong focus on operational improvements with Deliver! gaining momentum; accelerated
reorganisation Italy announced
Brazil sales process on course, turnaround measures successful
Interim pro forma 2013 dividend of €0.022 per share declared representing 40% pay-out of
1H13 normalised net income; shareholders may choose to receive the dividend in stock or
cash
Trading conditions continued to reflect generally challenging economic conditions
Europe Main (Benelux, France, Germany, Italy and UK/Ireland) profit decline as a result of
pricing pressure, mitigated by volume growth and savings
Good performance Europe Other & Americas as a whole, but mixed picture by country, mostly
depending on local economic conditions
Pacific (mostly Australia and New Zealand) operating income below prior year. Strong
consignment growth but significantly lower weight per consignment and higher input costs
Asia Middle East & Africa profitability higher, despite weaker economic growth and negative
effect introduction of VAT in China
Date last update: 10 June 2026