Postnl Nv (TNTFF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the PostNL Q2 2025 results. At this moment, all participants are in a listen-only mode. And after the presentation, there will be an opportunity to ask questions. Now, I would like to hand the conference over to Miss Inga Laude, Manager, Investor Relations. Please go ahead, madam. Thank you, operator. So welcome all in today's analyst call. PostNL published its Q2 and Health Year results 25 early this morning. And with me in the room are Pim Beerense, our CEO, and Linda Janssen, our CFO, to present these results to you. Pim, the floor is yours. Thank you, Inge, and welcome everyone to the call. Let's start with an overview of the key developments in the quarter. And then further on in the presentation, you'll get more insights on the key financial KPIs that will follow later. First, the main business drivers per segment. At parcels, revenue was up 2.8%, with volume growth of 2.2, and different growth rates in domestic and international volume, and we see the trend of further client concentration continuing. From a price mix perspective, it is really encouraging to see that we have again a positive price mix, driven by regular price increases and our yield measures. Our targeted yield measures are coming into effect and evidence our strong focus on customer value. And as anticipated, we see a slight loss in market share. The pre-summer peak was a busy period and we have been able to manage this very well. When looking at our cross-border business at spring, revenue from intra-European activities, obviously one of the strategic initiatives that we launched for 2025 and beyond, show promising growth. For mail in the Netherlands, as you can see on the slide, volumes declined by 8.3%. Linda will explain this later on. I would...