TNT SEES SIGNS OF RECOVERY

摘要

Netherlands-based mail and express operator TNT reported net income down 12.4% y-o-y to €99 million in the third quarter, as total revenues declined 7.6% to €2.48 billion. Operating income (EB1T) for the quarter was down 14.4% to €179 million. Revenues in the company's Express division were down 11.4% to €1.47 billion, while Express operating income dropped 36.4% to €63 million.