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TNT Express Posts Rise In Q2 Profit

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TNT Express NV (OTC: TNTEY) reported a rise in its second quarter net profit.

Its quarterly revenue rose 1.7% to EUR1.83 billion, versus EUR1.80 billion, in the year-ago quarter. Its operating income surged 67.4% to EUR77 million from EUR46 million.

TNT Express's net profit jumped to EUR40 million.

TNT Express shares gained 1.01% to close at $10.96 on Friday.

Posted-In: profitEarnings News

 

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