TNT Express Q3 Net Profit Up 80%

TNT Express NV

reported an 80% surge in its third quarter net profit. Its quarterly revenue rose 2.1% to 1.81 billion euro, from 1.78 billion euro, in the year-ago period. Its operating profit surged 44% to 46 million euro. TNT Express shares fell 2.70% to close at $10.46 on Friday.