TPG boosts profit margins across all main business areas. Express division breaks 5 per cent barrier for the first time
TPG (TNT Post Group) increased operating profit margins in all three of its main business sectors last year. This all-round improvement helped the Netherlands-based global mail, express and logistics service provider yesterday to publish record results for 2000 which included a more than 25 per cent surge in net income. All three divisions also managed to achieve higher percentage growth in earnings than in revenue
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