TPG NV will report on Wednesday a small rise in operating profit over the first quarter, while net earnings will come in lower, analysts said.
Operating profit from continuing operations is expected to show a single-digit rise from 277 mln eur last year, led by margin improvement at Express and Logistics. A positive outlook for the Express division could push the stock higher, analysts expect.
Royal Mail can still deliver mail from one extremity of Britain to the other in less than 24 hours. The story of how a letter posted in Lands End reaches John OGroats in less than 24 hours.
Read MoreBCA extends contract with Reality for two years to deliver mail-order books
Read MoreSmall and medium sized hauliers are going to find it increasingly difficult to make a profit without being part of apallet distribution network. That is the opinion of Palletline md Steve Hayward, who backs up his warning with hard facts.
Read MoreA trunker operating on pallet work a reasonably average yield rates should generate £450,000 a year in revenue with a gross margin approaching 25% after delivery and hub fees, according to Steve Hayward of Palletline. This can underpin a members profit, he told RHA members at its spring convention in Opio, France.
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