TNT Express B.V.
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Publicatie datum
28 apr 2015 - 07:00
Statutaire naam
TNT Express B.V.
Titel
TNT reports first quarter results
Bericht
• Comparable revenue growth (adjusted for disposals and foreign exchange) -1.5%
• Underlying revenue growth (adjusted for the above, plus trading day effect and lower fuel
surcharge) +2.1%
• Operating income affected by Outlook strategy’s execution costs of €20 million
• Capex investments increased to €78 million (1Q14: €26 million)
• Service performance and revenues from SMEs further improved
Amsterdam, The Netherlands, 28 April 2015 – TNT today reported first-quarter revenues of
€1,622 million, up 1.3% year-on-year, and an operating loss of €11 million. Adjusted for disposals and
foreign exchange, TNT’s revenues declined 1.5%.
The drop in fuel surcharges and a trading day effect lowered first-quarter revenues by 2.1% and 1.5%,
respectively. The underlying revenue growth, after correcting for all these factors, was 2.1%.
Reported operating income includes €12 million of restructuring and other charges, in line with
guidance. Adjusted operating income decreased to €1 million, reflecting costs related to the execution of
the Outlook strategy (€20 million), lower volumes from international accounts and pricing pressures,
particularly in Western Europe.
Investments increased to €78 million (4.8% of revenues) in the first quarter, compared with €26 million
(1.6% of revenues) the year before. Most capital expenditures went to sorting equipment, hubs, depots,
vehicles and IT. Service performance, measured by on time delivery, continued to improve in all
segments.
Datum laatste update: 20 december 2025