The Danish Post’s and Norwegian Post’s joint company delivered best result ever in 2006

High activity on the logistic market is one of main the reasons behind Pan Nordic Logistics’ all time high result in 2006. The result before tax is SEK 42.0 million compared to SEK 12.8 million last year.

PNL (Pan Nordic Logistic), is jointly owned by Post Danmark and Norway Post. PNL’s turnover was SEK 1.3 million in 2006, and therefore PNL has contributed positively to Post Denmark’s and Norway Post’s income.

Profitable growth
– I am more than pleased with the result for 2006. It shows that PNL’s strategy for profitable growth in the parcel market is carried out. PNL has grown, and the basis for additional growth) in 2007 couldn’t be better, says CEO Benny Rhe Hansen.

10 million parcels in the Nordic countries
The strategy for 2006 has been highly successful. By continuously developing products and services PNL has increased its position on the Nordic market. PNL distributes ten million parcels every year to customers throughout the Nordic countries. Altogether PNL has more than 3,400 pickup and delivery points through its owners’ distribution network.

Import to the Nordics
PNL has also been successful when it comes to import from Europe. In only three years the turnover from Europe has increased by 70 percent. The reputation of PNL as an expert parcel distributor in the Nordic countries has reached the European customers and consequently PNL expects a strong growth of import parcels into the Nordic market

Yours sincerely,

Jeanette Jorgensen
Information Manager

For more information, please contact:
Benny Rhe Hansen, CEO, phone +45 70 28 60 25, mobile +45 40 30 55 88
[email protected]

Jeanette Jorgensen, Information Manager, phone +45 70 28 60 26, mobile +45 21 70 81 70
[email protected]

Please see the enclosed full annual report.