TNT Strongly Positioned Says CEO

TNT’s Focus on Networks strategy has – since its launch at the end of 2005 – strongly positioned the Group as the market leading – road based – Express Networks operator in Europe and key emerging markets globally, as well as the leader in the Postal industry, CEO Peter Bakker told analysts.

“These are tough times for our customers and our industry,” he said. “Although TNT is of course not satisfied with its performance in 2008, this was heavily impacted by unprecedented sharply deteriorating economic conditions. For 2009, TNT is aggressively implementing cost savings and preparing for a longer phase of economic recession. TNT is confident that as a result of its short-term focus on adapting its cost structures, and strengthening its medium term strategic opportunities, an even stronger company will emerge. TNT will maintain and dynamically adapt its current business portfolio to that extent, thereby providing the optimal business value for all of its stakeholders.”

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