TNT's 3Q income rises

Europe

Monday, October 29, 2012

The integrated parcel delivery company TNT Express said Monday its third quarter operating income rose 43.8 percent year-on-year to 46 million euros ($59 million). Revenue in the quarter rose 2.1 percent to 1.8 billion euros. The increase in income came predominantly from a reduction in losses from TNT’s Americas region, where operating losses were sliced from 30 million euros in the third quarter of 2011 to 22 million euros this year. Income from TNT's home Euro...

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