Whistl is in ongoing consultation with the affected employees through their union and employee representatives to minimise the impact of this decision.
The financial impact of the termination of Whistl’s E2E-operations is estimated at around €25 million - €30 million. This will be recognised as one-off and will have no impact on the underlying cash operating income (UCOI) of PostNL.
Whistl is the second largest postal operator in the UK. With its highly mechanised DSA business it collects and sorts over 80 million items of mail a week, accounting for 55% of the DSA market.
We are PostNL. We are an essential link between the physical and the online world. We have the largest network for letters, parcels and e-commerce in the Benelux countries. Our combinations of smart networks and digital applications enable us to provide our clients with valuable solutions. We live in a world where digital applications play an increasingly large role in our daily lives. These services develop very rapidly. We put our resourcefulness to good use to constantly think up new ways to connect senders and receivers.
As the first listed postal company, we are an example to the rest of the world in automatic letter sorting. And our innovative parcels network is completely adapted to the wishes of web retailers. Outside the Netherlands, we are active in Germany, the United Kingdom, Italy, Belgium and Luxembourg. PostNL employs a total of approximately 56,000 people. In 2014 our revenues reached almost € 4.3 billion.