La Poste Group profits hit by declining mail volumes
Postal operator La Poste Group saw its profits slump last year, but was bailed out by a major tax credit from the French government.
Read MoreTag: financial results
TNT Express restructures under revised transformation strategy
TNT Express has launched a revised transformation strategy including plans to restructure its management into three new divisions.
Read MoreLoss-making Itella plans 1,200 job losses in mail delivery
Finland’s national postal operator Itella made a EUR 2.4m loss last year according to latest results, with 1,200 mail delivery jobs now in line to be cut.
Read Morebpost records 20% profit growth in 2013
Solid growth in e-commerce and associated parcel volumes, including a bumper festive season, helped Belgium’s bpost boost profits by 20% in 2013, according to latest figures.
Read MoreThousands of early retirements help USPS cut losses in first quarter
The US Postal Service made a $354m net loss in the year’s peak season, according to its latest financial figures.
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