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TNT Express remains in the red in 2Q2013 and 1H2013

29-Jul-2013 4:41 PM

TNT Express revenue down 3% - financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: EUR1702 million, -3.1% year-on-year;
    • Total operating costs: EUR1934 million, +16.2%;
    • Operating profit (loss): (EUR280 million), compared to a profit of EUR94 million in p-c-p;
    • Net profit (loss): (EUR304 million), compared to a profit of EUR39 million in p-c-p;
  • Six months ended 30-Jun-2013:
    • Revenue: EUR3368 million, -3.8%;
    • Total operating costs: EUR3569 million, +6.4%;
    • Operating profit (loss): (EUR49 million), compared to a profit of EUR148 million in p-c-p;
    • Net profit (loss): (EUR160 million), compared to a profit of EUR54 million in p-c-p;
    • Total assets: EUR4216 million;
    • Cash and cash equivalents: EUR502 million;
    • Total liabilities: EUR1817 million. [more - original PR]