PostNord maintains growth despite postal challenges

PostNord: On track to achieve fossil-freedom

PostNord reports continued earnings growth in the third quarter. The improvement programs continue to deliver as planned, contributing to important cost reductions and good growth in the parcel business. Overall, this is generating improved income, although the profitability of the Danish mail business is declining sharply as a result of the business being wound down. Attractive Nordic parcel offering for customers and consumers Post Nord stated…

PostNord maintains growth despite postal challenges

PostNord has reported continued earnings growth in the third quarter of this year, as its improvement programs deliver cost reductions and growth in the parcel business. However, despite generating improved income, the profitability of the Danish mail business is declining sharply as a result of the business being wound down. In the face of intensifying competition and price pressures as the parcel market grows, PostNord has continued to invest …