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PNL — PostNL News Story

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IndustrialsAdventurousMid CapValue Trap

PostNL up 10% on 'ambitious' 2028 targets

** Shares in PostNL PTNL.AS jump around 10% after the Dutch postal operator announced 2028 targets ahead of its Capital Markets Day

** The company sees revenue above 4 billion euros ($4.74 billion), normalized earnings before interest and taxes (EBIT) of more than 175 million euros by 2028

        ** KBC Securities deems the new guidance "ambitious" as it comes well above its estimates of 3.54 billion euros in revenue and 106 million in normalised EBIT

** The outlook assumes mail to become break even by 2028, the broker notes

** Dividend will be paid out in line with business performance, co says

** If gains hold, shares will see their best day in 15 months

($1 = 0.8436 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))

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