bpost released its first quarter 2019 results last week – parcel BeNe (Belgium-Netherlands) growth was up 16.9% while total operating income was down -1.8% driven by vigorous mail volume decline.
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Leen Geirnaerdt has been appointed as bpost’s Chief Financial Officer (CFO), from 20 May.
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Belgium Post (bpost) has announced its financial results for the fourth quarter 2018.
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Analyst David Kerstens at Jefferies predicts bpost faced cost pressures of around €80 million this year, mainly to improve working conditions through the hiring of 1,000 additional FTE’s (adding 3% to headcount). This has put the stable dividend at risk
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bpost management and the social partners have reached a collective labour agreement for 2019-2020. The agreement provides a positive response to the calls from employees and the challenges that bpost faces.
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