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PostNL N.V.

PostNL N.V.

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Publicatie datum 31 okt 2005 - 07:54
Statutaire naam PostNL N.V.
Titel TNT Q3 Results
Bericht Dear TNT contact, Please be advised that this is the first of three emails with different press releases from TNT. You will receive press releases related to the following: 1. Announcement third quarter financial and operational results of TNT N.V. (see following): http://group.tnt.com/pressreleases/pressfinancial/tnt/2005_q3_revenues_increase_9percent_earnings_per_share_5percent_higher.asp 2. Announcement cooperation between TNT and Japan Post http://group.tnt.com/pressreleases/pressfinancial/tnt/Japan_Post_and_TNT_join_forces.asp 3. Announcement lease of two 747-400 ERF aircraft http://group.tnt.com/pressreleases/pressfinancial/tnt/TNT_links_China_to_Europe_with_two_boeing_747-400ERFs.asp You can also go to our website http://www.tnt.com and download all press releases from there. TNT Press Release: 31 October 2005 Revenues increase 9%. Earnings per share 5% higher Strategic partnership with Japan Post Highlights: • Operating income up 37% in Express, due to revenue growth and efficiency • Growth in Mail revenues driven by 34% increase in European Mail Networks • Mail margin remains high, despite higher pension costs • Margins under pressure in Logistics • Strategic partnership with Japan Post announced • China development gains momentum CEO Peter Bakker: “I continue to be pleased with the good progress of Express, which hit another record third quarter margin. Mail delivered as expected with solid execution of the masterplans, which have now brought us almost € 200 million of cumulative savings, and European Mail Networks achieved a revenue growth of 34% this quarter. In Logistics, we moved ahead with the refocusing of our French operations, and have received offers for large parts of this business. In the rest of Logistics, partly resulting from an unexpected law change in Italy, margin pressure remained, although we did see some positive signs in business development. Looking to the future, I am delighted that we have started to work with Japan Post o