Seur ups 2007 revenues by 7.5pct to EUR 665 million
Seur increased revenues by 7.5 pct last year and is planning slightly lower growth of 6.25 pct this year.
In 2007, the group’s revenues increased by 7.5 pct to EUR 665 million. The company said it maintained its leading position in the express sector with an average of 150,000 parcels daily.
In Portugal, Seur recorded revenues of EUR 35.75 million which equal a 10pct increase compared to 2006.
At an international level, Seur continues to offer the same high-quality service as nationwide thanks to its strategic partnership with Geopost. In 2007, Seur generated revenues of EUR 48 million in its international business which equal 7.21pct of the total company’s revenues.
The expansion of Seur’s infrastructure has reached a new peak in 2007 with the inauguration of its new facilities in ZAL, the major international hub in Barcelona. With an investment of EUR 40 million, Seur transformed the site into its second biggest hub, covering 16,400 sqm. ZAL incorporates the latest technologies including an innovative EUR 6 million double transportation band which allows automatic sorting of up to 14,000 parcels an hour.
In 2008, Seur will focus investment on its IT modernisation plans, under which it will spend EUR 54 million on upgrading over the next four years.
In terms of the prospects for the current financial year, Seur expects a revenue increase of 6.25pct. To achieve this goal, the company plans to make its pricing policy more flexible and to adapt its services to the individual needs of each customer.
Seur has closed the financial year 2007 with a customer loyalty rate of more than 90pct. The company will continue improving its customer service and enhance its selling channels including Seur shop, Televenta and internet.
