PostNL expected to achieve higher underlying cash operating income in 2013

The Hague – PostNL's underlying cash operating income for 2013 is expected to be higher than the stated range of €50 to €90 million. The expectation is based on the results over the past two months.

The rate increase for the December stamp as announced today, expected to result in €5 to €10 million additional revenues, also contributes. These and other rate increases, together with rigorous cost cuts, are necessary to compensate for the expected volume decline and losses from the universal service obligation (USO).

PostNL will provide a full update on its 2013 outlook during the presentation of its Q3 2013 results on 4 November.