Russian Post records 9% sales increase, but profitability slumps
Russian Post said today its revenues for the second quarter of the year increased 9% compared to the same period last year.
Read MoreTag: financial results
TNT Express records improved Q2 with air fleet cutbacks
TNT Express has beaten expectations to record improved results in its second quarter despite increasingly difficult economic conditions, as the company awaits possible takeover by UPS.
Read MoreSingPost profits down 3% as it steers towards ecommerce
Singapore Post said today its domestic mail performance is worsening, but investment in growth areas like ecommerce is continuing, as it recorded a 2.9% drop in net profits for the first quarter of the year.
Read MoreAramex profits up 14% in second quarter
Global express logistics company Aramex achieved healthy growth during its second quarter of the year, according to its latest financial results.
Read MoreItella has “satisfactory” first half, despite tough market
Growth in unaddressed mail and parcels has brought a “satisfactory” first half of the year for Finland’s postal operator Itella Group, but addressed mail, newspaper and magazine volumes have continued to drop.
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