Interim Report for July–September 2006: Finland Post’s Growth Continues
A quarter of net sales based on international operations
• Consolidated net sales for Q3/2006 improved to EUR 359.8 million over the same period a year ago (EUR 309.9 million in Q3/2005), up by 16%, company acquisitions and organic growth accounting for 13% and 3%, respectively. Non-Finnish operations accounted for 25% (17%) of net sales.
• Consolidated operating profit for the period came to EUR 15.5 million (EUR 17.1 million), representing 4.3% (5.5%) of consolidated net sales. Profit before tax totalled EUR 16.4 million (EUR 18.5 million).
• Within Messaging, letter-mail volumes declined in line with the pan-European trend. Information Logistics’ net sales showed favourable developments in all of its product groups, with the exception of Germany. Logistics reported growth of 56% in its net sales, organic growth accounting for 11 percentage points.
