Bpost Reports 10.8% Decrease in Full-Year Operating Profit for 2023
Bpost, the Belgian postal operator, has reported a 10.8% decrease in its full-year operating profit for 2023, with adjusted EBIT reaching 248.5 million euros. Despite challenges in finalizing agreements with government services, the company has proposed a dividend of 0.13 euro per share, signaling a commitment to shareholder returns. Bpost’s resilience and strategic focus position it to address the challenges and opportunities that lie ahead in the evolving landscape of postal and logistic services.
Report: Corporate Profits Drive Ongoing Inflation in the US
A recent report by the progressive Groundwork Collaborative thinktank has revealed that high corporate profits are a significant driver of ongoing inflation in the US. The report claims that companies continue to keep prices high despite a drop in their…