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PostNL Lowers Guidance Again on ‘Unprecedented’ Inflation

A postal worker for PostNL delivers mail in Amsterdam.

A postal worker for PostNL delivers mail in Amsterdam.

Photographer: Jasper Juinen/Bloomberg

Dutch mail carrier PostNL NV lowered its guidance for a second time this year due to rising fuel and labor costs brought on by “unprecedented” levels of inflation.

PostNL now expects to report normalized earnings before interest and tax of 145 million euros ($148 million) to 175 million euros this year.