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PNL — PostNL News Story

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Refile: PostNL reports surprise operating profit for second quarter

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Aug 4 (Reuters) - Dutch postal firm PostNL PTNL.AS reported a surprise operating profit for the second quarter on Monday, citing steady progress in its strategic initiatives and visible benefits from targeted yield measures.

PostNL, which delivers parcels and letters across the Netherlands, Belgium and Luxembourg, said its normalised operating profit fell to 11 million euros ($12.74 million) in the quarter, from 18 million a year earlier, while five analysts it had polled had expected a loss of 3 million euros on average.

($1 = 0.8637 euros)

(Reporting by Olivier Cherfan in Gdansk; editing by Milla Nissi)

((olivier.cherfan@thomsonreuters.com))

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