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PostNL widens first-quarter operating losses

ReutersMay 6, 2025 5:17 AM

- Dutch postal operator PostNL's PTNL.AS first-quarter operating losses widened on Tuesday, hurt by a steep decline in mail volume and higher wage costs that undercut gains in parcel delivery and pressured profitability.

The company posted an operating loss before interest and taxes of 15 million euros ($17 million), compared with a loss of 9 million euros a year ago. However, it was in line with the company-compiled consensus of 15 million euro.

($1 = 0.8831 euros)

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