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PostNL NV (PNLYY.PK)

PNLYY.PK on OTC Markets Group

4.74USD
11:38am EDT
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$0.09 (+1.94%)
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Volume
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Latest Key Developments (Source: Significant Developments)

PostNL expects 45 percent of revenue in e-commerce in 2020 - conf call
Monday, 27 Feb 2017 06:51am EST 

Postnl NV : Expects 45 percent of revenue in e-commerce in 2020 - conf call . Targeted costs savings in 2020 of 460 million euros ($486.68 million)- conf call . Will continue to centralise networks - conf call . On small acquisitions: not forecasting to do acquisitions in parcel outside the benelux - conf call . On Italy: small acquisitions could fit into their strategy but not before 2018- conf call . On Germany: no parcels in Germany, same expectation for 2020 - conf call . On parcels: revenue growth is bigger in benelux than in international - conf call . On parcels: attracting parcels from abroad that need delivering in the Netherlands- conf call . On real estate disposal: a little bit but not the most valuable - conf call Further company coverage: [PTNL.AS] ($1 = 0.9452 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

PostNL FY profit for the period down at 84 million euros
Monday, 27 Feb 2017 01:05am EST 

PostNL NV : Q4 2016 revenue at 955 million euros ($1.01 billion) (Q4 2015: 1,007 million euros); . Q4 2016 underlying cash operating income at 110 million euros (Q4 2015: 147 million euros); . Q4 profit for the period of 84 million euros (Q4 2015: 101 million euros) . Q4 parcels volume grew by 9 percent; adjusted volume growth of 13 percent . Q4 parcels revenue 271 million euros versus 275 million euros in Reuters poll . Q4 revenue from mail in the Netherlands 540 million euros versus 527 million euros in Reuters poll . Proposed 2016 dividend of 0.12 euros per share . Expected future business performance justifies progressive dividend going forward . Ambition underlying cash operating income 2020 increased to between 310 million euros - 380 million euros (previously 285 million euros – 355 million euros) . Outlook underlying cash operating income 2017 adjusted to 220 million euros - 260 million euros, . PostNL NV q4 Reuters poll: revenue 986 million euros, underlying cash EBIT 113 million euros, net profit 87.5 million euros .PostNL NV Q4 Reuters poll: mail in Netherlands revenue 527 million euros, parcels revenue 275 million euros.  Full Article

Bpost decided not to pursue an offer for PostNL
Wednesday, 7 Dec 2016 11:48am EST 

Bpost SA :Bpost has decided not to pursue an offer for postnl and continues to explore other growth opportunities.  Full Article

PostNL rejects revised final proposal from Bpost
Wednesday, 7 Dec 2016 02:09am EST 

PostNL Nv : PostNL rejects revised final proposal from Bpost . Boards unanimously reject Bpost's final proposal . Boards believe that combination will not be successful . Boards consider it likely that acquisition by Bpost will trigger regulatory changes . Acquisition by Bpost could have significant negative impact on PostNL's resilience, its employees, its position as USO provider, its stakeholder support and its continuity, which is not acceptable to boards .PostNL intends announcing measures to improve value proposition for its shareholders at a capital markets day around presentation of q4 '16 results.  Full Article

PostNL re-iterates its position on Bpost's takeover proposal
Friday, 18 Nov 2016 06:00am EST 

PostNL NV : PostNL re-iterates its position in response to Bpost's unchanged proposal .Boards have carefully reviewed the bpost letter and the accompanying attachments, taking into consideration the interests of PostNL’s shareholders and other stakeholders.  Full Article

Bpost confirms exploration of possible friendly approach to PostNL
Wednesday, 2 Nov 2016 02:32am EDT 

Bpost SA : Confirms exploration of possible friendly approach to PostNL .Says internal discussions have not yet reached the decision-making stage and have not led to a proposal for consideration by Bpost's board of directors.  Full Article

PostNL acquires online marketing agencies Yourzine and Searchresult
Tuesday, 4 Oct 2016 02:13am EDT 

Postnl NV : Acquires online marketing agencies Yourzine and Searchresult .They will form a new company from 1 January 2017, together with PostNL divisions Cendris Insights & Campaigns (I&C) and Marvia.  Full Article

PostNL announces tender offer targeting its outstanding bonds
Monday, 5 Sep 2016 03:36am EDT 

PostNL NV : Postnl announces a tender offer targeting its outstanding bonds . Announces a tender offer targeting its outstanding EUR 5.375 pct bonds due 2017 and GBP 7.50 pct bonds due 2018 . Tennder prices for each of the bonds will be determined via a fixed yield for the EUR 5.375 pct bonds due 2017 and a fixed spread for the GBP 7.50 pct bonds due 2018. . Purchase yield is set at (0.15) pct for the eur 5.375 pct bonds due 2017 and the purchase spread is 40 bps for the GBP 7.50 pct bonds due 2018 . Reference benchmark for determining the purchase price of the GBP 7.50 pct bonds due 2018 will be the applicable reference gilt rate .Total funds available for the offer is 400 million euros ($446.84 million) including accrued interest, and such amount may be allocated between the two bonds at PostNL’s sole discretion.  Full Article

PostNL Q2 operating profit misses consensus
Monday, 8 Aug 2016 01:11am EDT 

PostNL NV : Reports Q2 revenue of 824 million euros ($914.9 million) versus 829 million euros in Reuters poll . Q2 operating income is 50 million euros versus 69.3 million euros in Reuters poll . Q2 underlying cash operating income is 47 million euros versus 52.8 million euros in Reuters poll . Q2 profit is 166 million euros versus 37.8 million eurso in Reuters poll . Q2 profit for the period (excluding TNT Express) 21 million euros versus loss of 6 million euros a year ago . Q2 parcels revenue is 235 million euros versus 236 million euros in Reuters poll . Outlook full year 2016 reconfirmed . 2017 outlook cash operating income: to be in the range of 230-270 million euros . No interim dividend 2016 . Expectation of and commitment to resuming our dividend in 2017 .At June-end, 12 months average coverage ratio of the main pension fund was 104.2 pct, slightly above the minimum required level.  Full Article

Postnl reports Q1 revenue in line with estimates
Monday, 9 May 2016 01:11am EDT 

PostNL NV : Q1 revenue 864 million euros ($985.56 million) versus 1.06 billion euros last year . Q1 revenue 859 million euros in Reuters poll . Q1 addressed mail volume declined by 6.1 pct (adjusted for working days: 8.2 pct) . Q1 parcels volumes increased by 16 pct (adjusted for working days: 12 pct) . Q1 net cash from operating and investing activities at -26 million euros (Q1 2015: 25 million euros) . Q1 operating income 70 million euros versus 69 million euros year ago . Q1 profit 39 million euros versus 34 million euros last year .Remains on track to meet previously communicated FY underlying cash operating income of between 220 million euros and 260 million euros.  Full Article

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