PostNL's share price crashed 19% today as analysts and investors were disappointed by its low-key medium-term strategy update and yesterday's Q3 results. The Dutch postal group's share price closed at €3.65 yesterday (November 2), down 2.88%. But it quickly dropped to €2.90 in the first hour of trading on the Amsterdam stock exchange this morning before stabilising. The share was trading at €2.95, down 19.2%, mid-afternoon today, its lowest value to date in 2015. So far this year the company's shares rose steadily from just over €3 in early January to a high of €4.75 on April 14, before dropping down to €3.04 on October 1 and then rising again to €3.85 last week. In Q3, 2015, PostNL's overall revenues declined by 1% to €780 million due to weaker mail volumes. Underlying operating profit dropped 20% to €40 million and underlying cash operating income was down 26% at €23 million.