Postnl N.V. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021
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PostNL N.V. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 3,239 million compared to EUR 2,829 million a year ago. Operating income was EUR 293 million compared to EUR 119 million a year ago. Net income was EUR 213 million compared to EUR 4 million a year ago. Basic earnings per share was EUR 0.43 compared to EUR 0.008 a year ago. Basic earnings per share from continuing operations was EUR 0.423 compared to EUR 0.149 a year ago. Diluted earnings per share from continuing operations was EUR 0.422 compared to EUR 0.149 a year ago.
PostNL N.V. specializes in supplying mail, parcels and e-commerce services. The company also provides services in the area of data and document management, direct marketing and fulfilment. Net sales (including intragroup) break down by activity as follows:
- parcel delivery (58.3%): in 2023, PostNL N.V. delivered 343 million parcels in Belgium, the Netherlands and Luxembourg;
- mail delivery in the Netherlands (35.4%): 1,745 million postal items processed in 2023;
- other (6.3%).
Net sales are distributed geographically as follows: the Netherlands (85.3%), Europe (8.5%) and other (6.2%).