Italy TNT Post generates 147 mln euro sales 2006
Italian private mail operator TNT Post, a subsidiary of Dutch mail and express deliveries group TNT NV, generated sales for 147 mln euro (USD189.9 mln) in 2006, up by 10.5 pct year-on-year.
TNT Post will target its sales to rise by over 20 pct year-on-year in 2007. The company renewed its cooperation agreement with Italian state-owned postal services company Poste Italiane.
TNT Post plans to focus its activity on direct marketing postal services and business postal services. The company plans to make new acquisitions in 2007.
[Editor’s note: TNT Post has acquired mail operator TWM Italia, specialised in distributing door-to-door or unaddressed advertising material, ANSA reported on May 17, 2006. Even before TWM Italia’s acquisition, TNT Post was one of the leading door-to-door distribution companies in Italy. The acquisition will allow TNT Post to double its share of the Italian market for door-to-door distribution which had an estimated value of some 250 mln euro (USD323 mln) for 2005.]
