** Dutch mail and parcels deliverer PostNL PTNL.AS shares fall 4.5% after Q1 revenues came in flat at 781 million euros, missing ING's estimate of 810 million euros on weak e-commerce volume trends
** ING says e-commerce volumes fell 7.1%, well below its +2.0% forecast, hit by weaker consumer spending and pressure from ongoing contract negotiations, adding that "the risk is on the downside" despite FY guidance being reiterated
** Degroof Petercam notes revenue slightly exceeded its 760 million euro ($888.90 million) estimate, but warns that "delivering will not be a walk in the park" amid low consumer confidence and high fuel prices
** Including today's fall, the stock has dropped by 3.97% YTD
($1 = 0.8550 euros)
(Reporting by Jerome Terroy)
((jerome.terroy@thomsonreuters.com))