Tag: Europe

TNT Q2 net to rise 10 pct, to announce France restructuring details

Posted by | Jul 27, 2005 | |

TNT NV is expected Friday to report higher net profit over the second quarter, and announce details of a restructuring operation at its Logistics France division. TNT had earlier announced its intent to reorganise, but said it would give details during the second quarter earnings presentation. Net profit is expected to come in at the 211-221 mln eur range, from 210 mln eur a year earlier, with revenues rising to 3.34-3.39 bln eur, from 3.05 bln eur previously, according to analyst forecasts compiled by AFX News. Kempen & Co analyst Charles Estourgie expects the Mail and Express divisions will show sustained growth, but said focus should be at Logistics France.

Read More

Poste Italiane offers recommended letters internet service

Posted by | Jul 26, 2005 | |

Italy’s state-owned postal services company Poste Italiane launched a new service, which allows consumers to send recommended letters via personal computers and Internet, it was reported on July 26, 2005. According to Poste Italiane, the consumers have to download a software, which will allow them to send the recommended letter at the same price as in the post office. The sending of the letter via Internet will cost 3.50 euro (USD4.21). The software is available for downloading at Poste Italiane’s Internet site, www.poste.it.

Read More

Dutch govt to consider sale of remaining 10 pct TNT stake

Posted by | Jul 26, 2005 | |

Dutch Finance Minister Gerrit Zalm has asked parliament if it has any objection to the government eventually selling its remaining 10 pct stake in TNT NV. In a letter on the sale of TNT shares earlier this month, sent to parliament late yesterday, Zalm cited an agreement from 2001 to inform parliament before taking the government’s stake in TNT below 10 pct. The government cut its stake from 19 pct on July 12. While the letter suggests the government may be readying for a further share sale, the remaining holding is subject to a lock-up period until July 2006.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest