New Zealand Post needs regulatory reform, despite profit jump
New Zealand Post has bounced back into profitability thanks to a strong performance from its banking unit, and its recent buy-out of partner DHL from two parcel ventures.
Read MoreTag: financial results
Cost reductions bring 29% profit boost at Norway Post
Norway Post said today that cost-cutting and improvements to its business have helped operating profits surge 29% in the first half of the year.
Read MoreCanada Post losses to continue until business model changes
Major losses at Canada Post are set to continue this year, next year and beyond until the company can reposition itself with a focus on ecommerce parcels, digital communications and direct marketing.
Read MoreMaltaPost seeks reform as profitability decline accelerates
MaltaPost has warned shareholders that its profitability has fallen since April, that it is likely to continue falling, and that this trend “may even accelerate”.
Read More“Historically low” interest rates hit Swiss Post’s banking profits
Swiss Post’s banking division, PostFinance, has had a slower first half of the year than in 2011, despite taking on tens of thousands more customers.
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