Irish division of TNT Express admits work environment very challenging

THE Irish arm of international courier firm TNT Express said yesterday that it will be very, very difficult to maintain the performance of recent years as the challenging work environment in Ireland is almost like no other in the present day.

The managing director of TNT Ireland, Ronnie Judge, was yesterday commenting on results for 2009, which show that the company almost doubled its operating profits from €2 million to €3.9m in the 12 months to the end of December 2009.

The Dutch-owned company recorded the 92% increase in operating profits after the company marginally increased its revenues from €45.1m to €46m. The company paid €25m in dividends to its TNT Skypak International (Ireland) Ltd in 2009.