PostNL booked in the first quarter sales of 864 million euros. That was 2 percent more than in the first three months of 2015. The pension costs and other one-time provisions adjusted operating profit fell by 10 percent to 61 million euros. Bottom line remained a net profit of 39 million euros, a year earlier to 34 million euros.

The letters traffic last quarter Netherlands shrank by more than 6 percent. however, limited to 1 percent due to more expensive stamps, the decrease was. The revenue from the delivery of parcels increased by 8 percent, partly because 16 percent could be delivered more boxes than a year earlier.

International

The company also pulled more sales from its German and Italian operations. The international division delivered a total of 6 percent more than in the first quarter of 2016.

The figures were according to CEO Herna Verhagen in line with expectations. She pointed in particular on the ,, strong ” growth in parcels, where the rising line is put in the near future is expected.

The results from the impact of measures last quarter were printed that supervisor ACM imposed. Therefore be more limited rates in the business market. PostNL concretised this effect for the first quarter, but expects the operations in the coming years from 30 to 50 million euros can cost.

Operational earnings

TNT stuck to the expectation that operating profit falls this year to 220 to 260 million euros, against 303 million last year. The company was something positive about the benefits that can be achieved in the coming years. Partly because of the recent decision to increase to continue with the German activities is the result expected to reach 285 to 355 million in 2020. This was the prognosis on both sides by 20 million euros.

The results the last time strengthen PostNL in the expectation that there can be paid dividend again next year. CFO Jan Bos repeated not forget the remark that the business depends here on the development of interest rates and the successful completion of the acquisition of TNT by FedEx