Sweden Herald - Latest Sweden News | Postnord's profit up 50 percent in first quarter by Sweden Herald AI generated summary, Read the full article for complete information. PostNord, the Swedish‑Danish parcel and letter provider, announced an adjusted operating profit of SEK 138 million for the first quarter, marking a 50 % increase over the same period a year earlier. Despite the profit rise, net sales fell 3 % in constant‑currency comparable units, driven by an 18 % drop in letter volumes while parcel volumes grew 12 %. The company attributed the mixed results to the winding down of Danish national letter handling, which eroded synergies and raised restructuring costs for its parcel business. Read more: https://swedenherald.com/article/postnords-profit-up-50-percent-in-first-quarter #PostNord #PostNordDenmark #Swedish_Danish #businessnews