Post Danmark issues profit warning
Borsen – Denmark, Nov 22, 2001
Post Danmark, the Danish post office, has issued a profit warning for this year, reducing profit forecasts by about DKr600m from forecasts matching last year’s profits of DKr313m. According to Post Danmark, the reduction is attributable to the new agreement regarding public servants within the company, in addition to an additional tax payment.
The new agreement for Post Danmark’s public servants will cost the company at least DKr500m, while the additional tax payment is for DKr100m.
