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TNT Express B.V.

TNT Express B.V.

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Publicatie datum 28 okt 2013 - 07:53
Statutaire naam TNT Express B.V.
Titel 3Q13 results: Better performance Europe Other & Americas and AMEA segments; Europe Main and Pacific lower
Bericht Amsterdam, The Netherlands, 28 October 2013 - Reported revenues €1,621m (-6.6%), reported operating income €9m (3Q12: €62m) - Adjusted revenues €1,704m (-1.8%), adjusted operating income €54m (3Q12: €64m) - Europe Other & Americas and AMEA better; Europe Main and Pacific lower results reflect demanding trading conditions - Significant Deliver! milestones reached, with reorganisations starting in all Business Units and Head Office. Savings of €10m in the quarter; €38m provisions booked - Adjusted operating expenses -1.3% - Solid period end net cash €349m (2Q13: €287m) Segments - Europe Main: yield pressure continuing but good cost control - Europe Other & Americas: results continue to improve, positive impact customer mix - Pacific: negative impact significant weight per consignment decline and higher wages - AMEA: all units ahead of prior year - Turnaround Brazil continuing apace Deliver! update TNT Express’ Deliver! programme was launched on 25 March 2013 and runs through 2015. The programme is built around four priorities. - Reshape portfolio - China Domestic expected to be completed 4Q13 - Sales process Brazil Domestic underway and opportunities for Dutch part of TNT Fashion being explored - Disposal process of 747s continues, though market remains soft - Focus on distinctive service proposition - Global marketing campaign ‘Connect us’ initiated - Launch of web channel refresh MyTNT - Expansion intra-Europe service - Execute better - Reorganisations starting in all Business Units and Head Office - Launch new Poland shared service centre - Savings in PUD, linehaul, real estate and general procurement - Invest in infrastructure and IT - RFPs for Data, Networking and Application management service provision - Start of infrastructure investment programme in UK and AU Deliver! related savings were around €10m in the quarter and are expected to be around €30m for the full year 2013.

Datum laatste update: 27 december 2025