PostNL : Improving momentum
>H1 23 was above expectations - PostNL reported better than anticipated H1 23 results on the back of improving trends on the macro-economic front. The earnings momentum is improving at PostNL, which is a positive development in this transitional year for the company where the company’s focus remains on achieving cost efficiencies. Mainly as a consequence of better than expected parcels volumes, as well as lower restructuring and depreciation charges, PostNL raised its...PostNL is a mail, parcel and e-commerce corporation with operations in the Netherlands, Germany, Italy, Belgium, and the United Kingdom. Co. has been assigned by the Dutch government to carry out the UPD (Universele Postdienst, Dutch for Universal Postal Service). Carrying out the UPD requires, amongst other things, Co. to deliver mail throughout the Netherlands five days a week (Tuesday through Saturday) and to maintain enough mailboxes in the country. ACM is charged with monitoring and enforcing the execution by Co. Co.'s operations are organized along three business segments: Mail in the Netherlands; Parcels; and International. Co. maintains over ten networks across thirteen countries.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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