PostNL: in demand after FY results
(CercleFinance.com) - On Monday PostNL has been jumping by up to 6% in Amsterdam, after the publication of FY 2020 normalised operating profit (EBIT) of 245 million euros, compared with 135 million euros the previous year, with revenues up over 14% to 3.
25 billion euros.
The Dutch postal operator is aiming for normalised EBIT of 205 to 225 million euros and free cash flow of 200 to 230 million in 2021, although it warns of remaining uncertainties relating to Covid-19.
PostNL has decided to propose a dividend of 0.28 euro per share for the past financial year, and aims to increase this to at least 0.29 euro per share for 2021 and 2022, taking into account investments in digitisation.
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25 billion euros.
The Dutch postal operator is aiming for normalised EBIT of 205 to 225 million euros and free cash flow of 200 to 230 million in 2021, although it warns of remaining uncertainties relating to Covid-19.
PostNL has decided to propose a dividend of 0.28 euro per share for the past financial year, and aims to increase this to at least 0.29 euro per share for 2021 and 2022, taking into account investments in digitisation.
Copyright (c) 2021 CercleFinance.com. All rights reserved.