ENXTAM:PNLLogistics
PostNL (ENXTAM:PNL) Stock Turns Profitable But 24.4x P/E Raises Stakes
PostNL stock closed at €0.9445 after the market had a first look at fresh H1 numbers, and the move came against a story that now revolves around one thing: profitability has quietly returned on a trailing twelve month basis, even as the share price has drifted over the past quarter.
The headline is simple: PostNL is back in the black at the earnings line with trailing net income from continuing operations of €19 million and basic earnings per share of €0.039. The market now has to decide...