PostNL N.V.
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Publicatie datum
18 feb 2008 - 07:47
Statutaire naam
PostNL N.V.
Titel
Profit 2007 and underlying operating income at record levels
Bericht
Profit 2007 and underlying operating income at record levels
Phase I ‘Focus on Networks’ strategy successfully completed
Amsterdam, 18 February 2008
Q4 2007 developments
- Express record operating income of € 188 million (excluding Innight)
- Mail restructuring charges for Master plans (€ 110 million ) and UK Parcels (€ 28 million)
- Agreement on settlement UK tax matters
2007: year of solid results in line with outlook
- Revenues up 9.5%
- Underlying profit from continuing operations up 4.5%
- Profit at € 986 million versus € 670 million in 2006
2007 proposed dividend of 85 euro cents per share (55 euro cents final dividend);
dividend per share over 2007 up 16.4%
Phase II Focus on Networks “Grow and Build Value” announced
- Clear growth and return objectives for 2008-2012
Outlook 2008 in line with ‘Focus on Networks’ objectives
CEO Peter Bakker: “2007 has been a good year for the group. In Express, TNT has been able to expand its market share in Europe again. The acquisitions in the emerging markets performed according to our plans and establish unique platforms for the future. Express EBIT increased again and is now at record levels. In Mail, underlying results were solid and largely provided the necessary offset for the declining Mail volumes in the Netherlands. The discussions with the labour unions in the Netherlands on the new Collective Labour Agreement are ongoing in a constructive manner. A provision of € 110 million for the costs associated with efficiency projects at TNT Post has now been recorded. The liberalisation of mail in Europe is – although planned for 2011 – under serious pressure from the developments in Germany with respect to the minimum wage. This will continue to require our relentless effort in 2008.
For 2008 our outlook is in line with our mid term objectives as presented on 6 December 2007. As the economic outlook is more uncertain, TNT is carefully monitoring this development to be able to respond in an appropriate way if required"
Datum laatste update: 28 maart 2025