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PostNL Rises as Profit Beats Expectations on Parcel Business

2015-02-23 14:07:27| Trucking - Topix.net

PostNL NV rose the most in more than seven months after the Dutch mail delivery company reported earnings that beat analyst estimates on growth in its parcels business, fueled by online shopping. Underlying cash operating earnings rose 45 percent to 122 million euros in the fourth quarter, as parcel volumes jumped by 13 percent, The Hague, Netherlands-based PostNL said in a statement today.

Tags: business profit expectations parcel

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