Press release
(WorldNews Netherlands)

Press release The Hague, the Netherlands, 3 August 2020 PostNL reports strong performance Normalised EBIT up 38% to €54 million in Q2 2020 Financial highlights in € million Q2 2019 Q2 2020 HY 2019 HY 2020 Revenue 681 789 1,365 1,490 Normalised EBIT 39 54 69 69 Free cash flow 7 93 (1) 98 Highlights Q2 2020 and outlook FY 2020 Strong performance boosted by volume growth at Parcels Realisation of anticipated benefits and synergies from combined mail network ahead of plan Additional mail volume decline due to Covid-19 Strong growth in free cash flow thanks to working capital management and phasing over quarters FY 2020 normalised EBIT expected to be strongly above previous guidance of €110...