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In the third quarter, the total PostNL business figure increased by 8 million euros to reach 638 million euros. This is entirely due to the delivery of parcels, for which sales increased by only 11%. In office, the decline in sales continued unabated, with a reduction of nearly 12% in the number of letters sent. The turnover fell by 6%.
Less Profit
In the end, profits from continuing operations by PostNL went from 25 million euros to 19 million euros. This is mainly due to the further decrease in profit at Post, from 20 million to 7 million euros
. Due to strong competition, margins are under pressure.
Profits fell, despite cost savings of 16 million euros.
Gale
There is a boost. For example, PostNL believes that Nexive and Postcon, the mail business in Italy and Germany, will be sold in the first half of next year. Nothing has been said yet about a price and a potential buyer.
PostNL recently announced another benefit. The Dutch Financial Market Authority (ACM) had previously stated that PostNL had to open its network to its competitors. PostNL has appealed and it has now been determined that PostNL was not obliged to do so at lower rates.
Previously, the disadvantage had been estimated by PostNL between 50 and 70 million euros, but now think that it only remains for him to bear additional costs of between 40 and 45 million d & # 39; euros. for the whole year. He also says that he wants to pay a higher dividend without having to pay any amounts. The company paid € 0.17 per share in 2017.
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