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PostNL's (TNTFF) CEO Herna Verhagen on Q4 2020 Results - Earnings Call Transcript

Mar. 02, 2021 10:01 AM ETPostNL N.V. (TNTFF), PSTNY
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PostNL N.V. (OTCPK:TNTFF) Q4 2020 Earnings Conference Call March 1, 2021 5:00 AM ET

Company Participants

Jochem van de Laarschot – Director-Communications & Investor Relations

Herna Verhagen – Chief Executive Officer

Pim Berendsen – Chief Financial Officer

Conference Call Participants

Frank Claassen – Degroof Petercam

David Kerstens – Jefferies

Marc Zwartsenburg - ING

Lotte Timmermans – ABN AMRO

André Mulder – Kepler Cheuvreux

Henk Slotboom – The IDEA!

Ivar Billfalk-Kelly – UBS

Marco Limite – Barclays

Andre Mulder – Kepler Cheuvreux


Ladies and gentlemen, thank you for holding, and welcome to PostNL Q4 2020 Analyst Call. At this moment all participants are in listen-only mode and after the presentation there will be an opportunity to ask questions.

I'd like to hand over the conference to Mr. Jochem van de Laarschot. Go ahead, please.

Jochem van de Laarschot

Thank you, operator. Good morning everyone. Thank you for joining us this morning. With me here in the room, Herna Verhagen, our CEO; and Pim Berendsen, our CFO. As usual we will start with our presentation going through the slides that are available on our website. And after that, we will open up for Q&A. Herna, over to you.

Herna Verhagen

Thanks a lot. And we'll start on Slide number 2, where we have an overview of what we will do today. Of course, we will dive into the details of 2020 business performance as well as financial performance then step over to PostNL's strategy. Part of the strategy is very well known because it's our Parcel and Mail strategy, but we will add today, of course, our digital transformation and the medium-term financial objectives that belong to that digital transformation. And last but not least, we will give you a few on 2021 our capital allocation outlook and some concluding remarks.

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