PostNL N.V.
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Publicatie datum
04 dec 2008 - 13:51
Statutaire naam
PostNL N.V.
Titel
TNT focuses on adapting to difficult economic environment
Bericht
Amsterdam, 4 December 2008 – At its annual analyst conference today, TNT will give an update on the progress of its Focus on Networks strategy. The presentations will include the overall strategy for the TNT Group, as well as overviews of the Express and Mail businesses and the financial strategy.
General
TNT’s Focus on Networks strategy has – since its launch at the end of 2005 – strongly positioned the Group as the market leading – road based – Express Networks operator in Europe and key emerging markets globally, as well as the leader in the Postal industry.
The year 2008 has seen the global economy enter into a severe recessionary phase, deepening in Europe both in the third and fourth quarters. This sharp change in the economic environment has a substantial impact on the results of TNT Express in the third as well as the fourth quarter of 2008 so far. Volumes, overall and in particular in the premium Express market in Europe, continue to decrease and are now well below levels of the comparable period in 2007. TNT does not assume improvement in these economic circumstances in the immediate future.
Although TNT Mail is considerably less sensitive to economic cycles, it is preparing its operations for slightly higher levels of volume decline, mainly resulting from expected increased substitution in the Dutch mail market. The recent decision of the Dutch cabinet to not fully liberalise the mail market on 1 January 2009 reflects the need for balanced Postal sector labour conditions and a European level playing field.
TNT is adapting and aligning its strategic short- and medium-term focus areas to strengthen the company through the recessionary phase in the global economy, whilst remaining alert to new growth opportunities provided by our strong platforms....
The presentations of today’s Analyst Meeting are an integral part of this press release. They are available on TNT’s website: http://group.tnt.com (the presentations are also attached to this form as pfd doc
Datum laatste update: 22 maart 2025