TNT brushes Q2 loss aside as it focuses on investment before takeover by Fedex

27/07/2015

Dutch express operator TNT today reported a second-quarter net loss of €1m, despite seeing revenue for the period increase by 6.2% year-on-year, while operating profit fell due to investment in its Outlook transformation programme.

The company, which remains subject to an “intended” $5bn takeover by US ...

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