December 27, 2014 4:44 AM ET

Air Freight and Logistics

Company Overview of TNT Express N.V.

Company Overview

TNT Express N.V. provides express delivery services to businesses and consumers worldwide. It picks up, transports, and delivers documents, parcels, and palletized freight, as well as provides supply chain solutions. The company operates road and air transportation networks in Europe, the Middle East, Africa, the Asia-Pacific, and the Americas. The company operates a fleet of 50 aircraft. It serves multinationals and small enterprises in the industrial, automotive, high-tech, and healthcare industries. The company was founded in 1946 and is headquartered in Hoofddorp, the Netherlands.

Taurusavenue 111

Hoofddorp,  2132 LS

Netherlands

Founded in 1946

57,907 Employees

Phone:

31 88 393 9000

Key Executives for TNT Express N.V.

Chief Executive Officer and Member of Executive Board
Age: 64
Total Annual Compensation: $437.5K
Compensation as of Fiscal Year 2013.

TNT Express N.V. Key Developments

TNT Express N.V.(ENXTAM:TNTE) added to Euronext 150 Index

TNT Express N.V. will be added to the Euronext 150 Index.

TNT Express N.V.(ENXTAM:TNTE) dropped from Euronext 100 Index

TNT Express N.V. will be removed from the Euronext 100 Index.

TNT Express N.V. Announces Earnings Results for the Third Quarter and Year to Date of Fiscal Year 2014. Provides CapEx Guidance for the Fourth Quarter and Full Year of 2014; Provides Goodwill Impairment Guidance for Fourth Quarter of 2014

TNT Express N.V. announced earnings results for the third quarter and year to date of fiscal year 2014. For the, third quarter the company reported, adjusted revenue has decreased by 3%. However, comparable sales growth excluding the disposals was at 2.7% up. Operating income was substantially lower than last year, mostly because of the EUR 50 million provision taken in relation to the settlement with the French competition authority and restructuring costs. Adjusted operating income was up 28% supported by better performance in all reporting segments except Europe Other & Americas where adjusted operating income was broadly flat. CapEx was EUR 41 million in the quarter or 2.5% of revenues. For year-to-date, company invested CapEx was EUR 104 million compared to EUR 74 million in the same period of 2013. The company forecasts capital expenditures in the rang of EUR 70 million to EUR 80 million for the fourth quarter of 2014. For the full year, the company expects capital expenditures that will be in the range of roughly EUR 180 million. The company expects a noncash goodwill impairment of EUR 32 million, which will be booked in the fourth quarter of 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 23, 2014
--
Merger/Acquisition
November 5, 2014
--
Merger/Acquisition
October 2, 2014
--
 

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