PostNL wins appeal case on Significant Market Power
Financial impact
We have indicated before that the expected impact of the ACM measures is estimated between €50 million and €70 million per year. A substantial part of this impact has materialised in our results since 2016. We shall further examine the CBb judgment. If we would see reason to adjust the communicated range, we shall inform the market accordingly.
Postal operators
We have always granted other postal operators access to the PostNL network for the delivery of mail, and will continue to do so in a diligent and transparent way. We consider it important that there is as much clarity as possible for all companies active in the postal sector. In the event the judgment leads to amended conditions and tariffs, we shall inform the postal operators in detail.
Consolidation
On 12 September, the lower house of Parliament will discuss the conclusions reached by state secretary Ms Keijzer following the Postal Dialogue. Consolidation is inevitable in this market in decline in order to secure the accessibility and reliability of the postal service in the Netherlands. This judgment does not alter the urgency accompanying these conclusions.
PostNL will examine the judgment in more detail and will determine any additional consequences from a legal, operational and financial point of view. The full version of the judgment is accessible at rechtspraak.nl (in Dutch only).
Extra informatie
About PostNL
We are PostNL. The postal and logistic solutions provider. For our customers, we are the link between the physical and the online world. We facilitate communications between people and companies. We deliver parcels seven days a week and letters five days a week. On weekdays, we deliver, on average, 675,000 parcels and 8 million letters throughout the Benelux. We offer more and more new services through combinations of smart networks, digital applications and the right communications channels. In doing so, we aim to make the daily lives of our customers easier.
As the first listed postal company, we have the largest and most modern network for letters, parcels and e-commerce in the Benelux countries. In addition, we also operate in Germany, Italy and eight other countries across the world. PostNL employs a total of 44,000 people. With our loyal workforce, extensive networks and innovative drive, our ambition is to be the leading postal and logistics solutions provider in chosen markets. In 2017 our revenues reached €3.5 billion.