Press Releases

 


27 October 2014 07:00 CET
TNT reports 3Q14 results, announces €185 million investment in core European road network

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Amsterdam, The Netherlands

  • Reported operating income €47m negative (3Q13: €3m positive), impacted by restructuring provisions and provision of €50m for French competition case, reported revenues €1,646m (-2.0%)
  • Adjusted operating income up 28.2% to €50m (3Q13: €39m), adjusted revenues down 3.0% year-on-year, but up 2.7% if restated for disposal of China Domestic and Dutch fashion business
  • Period end net cash €414m (2Q14: €395m)
  • Four-year €185m investment in core European road network as part of Outlook  programme