May 4 2010 02:23 PM

TNT NV, the Dutch mail and express delivery company, said net profit rose sharply in the first quarter mostly because business customers were spending more on express delivery.

Net profit was euro143 million ($189 million), from euro76 million in the first quarter of 2009. Revenues rose 12 percent to euro2.75 billion. Read the rest of the article on Forbes.com.

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