PostNord reports 9% drop in mail volumes
PostNord has reported that, “in the wake of continued digitization”, it saw a further decline in mail volumes in the second quarter (Q2) of 2015. The company’s overall mail volumes fell by 9% in the quarter. The steepest drop was in Denmark, where volumes declined by 15%. In Sweden, the decline was 7%.
PostNord’s President and CEO, Håkan Ericsson, commented: “It is vital that amendments to the postal regulations should be based on the continually changing needs of customers so that a universal postal service can be maintained in the long term under reasonable economic conditions.”
Ericsson did have some good news to impart: PostNord signed several major contracts for B2B and B2C parcel distribution, as well as a “significant contact” with the COOP chain of cooperative association supermarkets in Denmark regarding the distribution of direct mail.
“About a third of the new agreements that we enter into are in the e-commerce segment, which is continuing to grow strongly, and B2C parcel volumes rose by 17% during the quarter,” said Ericsson.
Ericsson also highlighted how PostNord has built on its strategic cooperation with DPDgroup during the quarter.
“The core of the expanded cooperation comprises a powerful B2C strategy,” said Ericsson, “which will link PostNord’s and DPDgroup’s distribution networks, thereby creating a harmonized system with service points at 26,000 locations in Europe.”
The group’s adjusted operating income for the April-June 2015 quarter was SEK 33m, and it posted net sales of SEK 9,666m.
