PostNL sees turnover grow 3% in second quarter
Postal firm PostNL on Monday announced an increase in turnover of 3% to €lbn in the second quarter.
The company attributes the upturn to quicker and better results from its reorganisation, efficiency drive and price increase.
Net profit was at €44m in the second quarter, compared with €3m in the year earlier period.
International turnover grew 4%, excluding Germany where strong competition kept the figure low. PostNL also operates in the UK and Italy.
The parcel post sector, where PostNL has introduced evening deliveries, grew 8.2%, mainly as a result of online shopping.
Volume in the letters sector continued to shrink, down by 11.2% in the second quarter.
Last week PostNL announced it will begin experimenting with Sunday parcel deliveries at the end of August in partnership with webshop Coolblue.
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