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After having discussed Hunter Douglas (HDUGF) in the previous edition of Focus on Europe, we are sticking around in the ‘Low Countries’ to look at Belgian postal service company Bpost (BPOSF) (BPOSY), which saw its share price increase by a double digit percentage after releasing its financial results of the final quarter of last year. Investors appeared to be positively surprised there were no additional corpses falling out of the closet.
Bpost: Investors Were Expecting The Worst
The market seemed impressed with the set of financial results Bpost