PostNL NV (OTCPK:PSTNY)
$ 1.25 0.0125 (1.01%) Market Cap: 623.52 Mil Enterprise Value: 1.16 Bil PE Ratio: 27.05 PB Ratio: 2.74 GF Score: 75/100

Q4 2018 PostNL NV Earnings Call Transcript

Feb 25, 2019 / 12:00PM GMT
Hendrika W. P. M. A. Verhagen
PostNL N.V. - Chairman of the Management Board & CEO

So I'll start the presentation. We will do first the announcement we did today on the acquisition of Sandd, which is a proposed acquisition. And then secondly, we'll do the Q4 numbers, like we regularly do.

So start with, of course, why we announced today that we would like to acquire the shares of Sandd VSP, for a few reasons. We do think that when it comes to the sustainability of the postal market in the Netherlands, it is important to create one strong nationwide postal network. It is a strong foundation for a sustainable and solid postal sector, which has a positive effect, in our view, on PostNL as well. It inevitably, of course, makes sure that we remain to be an accessible, affordable mail company today and in the future. It gives us the opportunity to create much more job security for the people working for us but also working in the postal market than we can today. It is sustainable value creative for our shareholders, and we will come to that in a few slides from here. And of course, it is still

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