PostNL N.V. Reports Earnings Results for the Second Quarter and Six Months Ended July 01, 2023
August 07, 2023 at 04:13 am EDT
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PostNL N.V. reported earnings results for the second quarter and six months ended July 01, 2023. For the second quarter, the company reported sales was EUR 768 million compared to EUR 743 million a year ago. Net income was EUR 11 million compared to net loss of EUR 11 million a year ago. Basic earnings per share from continuing operations was EUR 0.024 compared to EUR 0.004 a year ago. Basic earnings per share was EUR 0.022 compared to basic loss per share of EUR 0.022 a year ago.
For the six months, sales was EUR 1,548 million compared to EUR 1,544 million a year ago. Net income was EUR 15 million compared to EUR 5 million a year ago. Basic earnings per share was EUR 0.031 compared to EUR 0.01 a year ago.
PostNL N.V. specializes in supplying mail, parcels and e-commerce services. The company also provides services in the area of data and document management, direct marketing and fulfilment. Net sales (including intragroup) break down by activity as follows:
- parcel delivery (58.3%): in 2023, PostNL N.V. delivered 343 million parcels in Belgium, the Netherlands and Luxembourg;
- mail delivery in the Netherlands (35.4%): 1,745 million postal items processed in 2023;
- other (6.3%).
Net sales are distributed geographically as follows: the Netherlands (85.3%), Europe (8.5%) and other (6.2%).