Brief: Postnl Sees FY Normalised EBIT At EUR 80 Mln

PostNL

04/11/2024 06:20

Nov 4 (Reuters) - PostNL NV  PTNL.AS :
    * POSTNL REPORTS Q3 2024 RESULTS
    * CONFIDENCE IN STRONG FOURTH QUARTER: FY NORMALISED EBIT
EXPECTED
TO BE AROUND €80 MILLION
    * Q3 NORMALISED EBIT OF €(19) MILLION AT MAIL IN THE
NETHERLANDS
    * Q3 PARCEL VOLUMES INCREASED BY 7.4% (SEPTEMBER EXIT RATE
10.7%),
SUPPORTED BY ACCELERATING DOMESTIC VOLUME GROWTH (SEPTEMBER EXIT
RATE 2.7%)
    * PARLIAMENT DISAPPOINTINGLY POSTPONED DECISION TOWARDS
FUTURE-PROOF AND FINANCIALLY VIABLE POSTAL SERVICE AND REQUIRES
FURTHER ACTIONS BY POSTNL
    * OUTLOOK FY24: NORMALISED COMPREHENSIVE INCOME OF ABOUT EUR
40
MILLION
    * OUTLOOK FY24: FREE CASH FLOW AT BREAKEVEN

Source text:  urn:newsml:reuters.com:*:nNDLbqkqpK
Further company coverage:  PTNL.AS 

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