Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  TNT Express    TNTE   NL0009739424

SummaryQuotesNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector newsTweets 

TNT Express 1Q Net Profit EUR16 Million, Timetable For UPS Offer Unchanged

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/02/2012 | 08:40am CET

Dutch package company TNT Express NV (>> TNT EXPRESS) Wednesday said it swung to a first quarter net profit due to lower write-downs and indicated that the timetable for completion of the proposed takeover offer from United Parcel Service Inc. (UPS) remained unchanged.

MAIN FACTS:

- Reported revenues EUR1.819 billion, up 1.3% compared to EUR1.796 billion a year ago

- Net profit for the first quarter was EUR16 million, compared to a EUR106 million net loss in the first quarter of 2011

- Operating income for the first quarter rose to EUR37 million, from an operating loss of EUR79 million a year ago

- Depreciation, amortisation and impairments decreased to EUR48 million, from EUR175 million

- Timetable for completion of proposed UPS offer proceeding as previously indicated

- Indirect cost savings programme launched in May 2011 on track

- Timing of implementation of certain long-term projects that are part of 2012-2013 fixed-cost savings programme temporarily adjusted in light of the proposed UPS offer

- By Amsterdam Bureau, Dow Jones Newswires; amsterdam@dowjones.com

Stocks mentioned in the article : TNT EXPRESS
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TNT EXPRESS
2016 FEDEX : Reports Fourth Quarter Earnings; Fiscal 2016 'a historic year of signifi..
2016 FEDEX : reports better-than-expected quarter earnings despite TNT acquisition co..
2016 FEDEX : Fred Smith assails presidential candidates' trade positions
2016DJFEDEX : Plans Increased Spending
2016DJAHEAD OF THE TAPE : No Memphis Blues for FedEx -- WSJ
2016DJFEDEX : No Memphis Blues for FedEx -- Ahead of the Tape
2016DJFEDEX : Raises Dividend
2016 TNT EXPRESS : Shares to be Delisted 06 June 2016
2016 TNT EXPRESS : FedEx Announces Results of Post-Closing Acceptance Period for TNT ..
2016 FEDEX : TNT deal raises FedEx employment to almost 400,000
More news
Sector news : Air Freight & Logistics - NEC
01/20DJCorrection to inauguration donors article on Thursday
01/19DJCompanies Pony Up for Donald Trump's Inauguration
01/11DJWalgreens to Offer FedEx Dropoff and Pickup at Walgreens Locations Nationwide
2016DJHoliday Shoppers Were in Good Spirits -- WSJ
2016DJU.S. Retailers on Pace for Best Holiday Season in Years
More sector news : Air Freight & Logistics - NEC
News from SeekingAlpha
2016 FEDEX : TNT Express To Strengthen Global Presence
2016 Gain 50% From This Bidding War, Part II
2016 FedEx closes on TNT Express deal
2016 WALL STREET BREAKFAST : Fed Phobia Runs High Ahead Of Minutes
2016 FedEx declares offer for TNT Express unconditional
Advertisement
Income Statement Evolution
More Financials
Managers
NameTitle
David Binks Chief Executive Officer
David J. Bronczek Chairman-Supervisory Board
Maarten de Vries Chief Financial Officer
Shemaya Levy Vice Chairman-Supervisory Board
Margot A. Scheltema Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TNT EXPRESS0.00%0
UNITED PARCEL SERVICE,..0.28%99 718
FEDEX CORPORATION-0.25%49 616
DEUTSCHE POST AG0.19%41 704
EXPEDITORS INTERNATION..0.68%9 618
YAMATO HOLDINGS CO., L..0.84%8 539
More Results