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

PostNL NV Annual Shareholders Meeting Transcript

Apr 19, 2022 / 12:00PM GMT
Release Date Price: $3.8 (-2.56%)
Jan J. Nooitgedagt
PostNL N.V. - Independent Chairman of the Supervisory Board

Ladies and gentlemen, a very warm welcome to this Annual General Meeting of Shareholders of PostNL. As Chair of the Supervisory Board, I will be chairing today's meeting.

Now we live in interesting times, firstly because of the situation in Belgium. On Monday, the 20th of March, we were astonished by an act of Belgium transit system targeting PostNL people in Belgium and also the delivery staff and other delivery companies who deliver packages in Belgium.

Budapest have been sealed and a number of our staff have actually been arrested and have been imprisoned for more than a week already. We are supporting everyone involved as much as we can. In addition, we face the war in Ukraine, the increase in fuel prices and high inflation rates. Herna and Pim will deal with all of these points in rather more detail shortly.

We've also got to bear in mind the COVID has not disappeared, although only very few restrictions remain. The Veris future cannot be predicted. And because safety and health are our #1

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