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TNT plans to ditch logistics operation

Posted by | Aug 1, 2006 | |

Mail firm TNT has said it expects to sell its underper-forming logistics business in the third quarter.

The news came as the firm reported a 10.7 per cent rise in second-quarter operating profit.

Second-quarter earnings before interest and tax rose to pounds 233.6 million from pounds 211 million the year before, above a median forecast of pounds 222.6 million in a poll of 12 analysts.

Revenue rose 5.8 per cent to pounds 1.81 billion, after sales rose in all business segments.

Chief executive Peter Bakker said: “I am very satisfied with our strong performance in Q2 and the first half of 2006. Our ‘Focus on Networks’ strategy is delivering strong growth and record margins in Express, and robust performance in Mail.

“Based on the strong start to the year, I am pleased that we can upgrade our outlook for 2006. Also, the signing of the Logistics divestment should take place before the end of the third quarter. All-in-all, 2006 is expected to be a strong year for TNT.”

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DPWN financial results for H1 2006

Posted by | Aug 1, 2006 | |

Consolidated revenue rose to EUR 29.3 bn. with all corporate divisions contributing to this increase.
Profit from operating activities amounted to EUR 1.6 bn. in the first half. The cost of integrating our two major acquisitions, Exel and BHW, made its mark on earnings from operating activities as well as net profit, which amounted to EUR 736 mn.
The integration of these two companies is making good headway and progressing as planned.

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Deutsche Post World Net business on target

Posted by | Aug 1, 2006 | |

Consolidated revenue up to 29.3 billion euros in the first half of 2006. Operating profit down slightly to approx. 1.6 billion euros. Exel integration moving ahead fast. Group confirms 2006 EBIT forecast of at least 3.9 billion euros.
For the current year, the Group is expecting revenue of a good 60 billion euros and EBIT of at least 3.9 billion euros. This includes substantial one-time expenses for the integration of Exel and BHW. 2006 revenue for the MAIL Corporate Division is expected to remain stable or rise slightly, while EBIT is forecast at about 2 billion euros. In the EXPRESS Corporate Division, the Group is anticipating single-digit revenue growth in 2006. The operating profit for 2006 should be on a level with the previous year excluding goodwill impairment, i.e. at around 450 million euros. In the LOGISTICS Corporate Division, enlarged by the acquisition of Exel, revenue is expected to exceed 18 billion euros by some margin, with EBIT of at least 700 million euros. In the FINANCIAL SERVICES Division, revenue is forecast to rise, driven in part by the inclusion of BHW Holding AG. This will be accompanied by double-digit growth in operating profit to at least 900 million euros.

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Direct mail delivers

Posted by | Aug 1, 2006 | |

Among all the bad news for print markets, direct mail remains one bright spot. Annual spending on U.S. direct mail advertising is approximately $60 billion a year, and it’s growing at a healthy clip: seven to eight percent a year. In 2005, companies and other groups sent out 100 billion pieces of direct mail, up 16 percent from 86 billion pieces in 1999, according to the United States Postal Service.

There are a number of reasons for the growth of direct mail, but it really boils down to one very simple fact: Direct mail works. Thus, advertisers and marketers continue to use it. It provides something tangible, convenient, colorful and persuasive. After all, print is a medium that must be delivered to the reader physically, and mail is the most common method for doing so. Nearly half of everything printed gets mailed, the vast majority of which is direct mail.

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SPECIAL REPORT: Post office banking, a company overview

Posted by | Aug 1, 2006 | |

While many banks, including Erste Bank, KBC, ING, Deutsche Bank and Fortis, have been quick to grasp the advantages that relationships with post offices–either through distribution arrangements, joint ventures or acquisitions–can bring, many European banks still underestimate the opportunities that working with post offices present.

According to Carl Holsters, a consultant to Post Group, the Belgian post office, as well as having extensive branch networks, post offices have a strong brand name that banks can capitalise on. Indeed, in some countries in Eastern Europe, this is a distinct advantage as local people often distrust their local banks.

While there are many different models that banks can follow when looking to work with a post office, Holsters believes that Netherlands-based ING Group, which fully owns the banking operation Postbank, which in turn owns 50 percent of the postal services operator Postkantoren, has one of the most successful arrangements with a post office. About 50 percent of the country’s population has a Postbank account. Moreover, Postbank and ING Bank in the Netherlands now generate about 15.5 percent of the group’s total profits.

In some European markets, post office banks are being transformed into fully licensed banks and many of them now have a presence that is powerful enough to threaten existing market leaders.

The report gives extensive details of the relationships between banks and post offices in many countries throughout Europe.

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TNT considers selling off unit Freight Management

Posted by | Aug 1, 2006 | |

TNT, the Dutch post group, said yesterday it might sell its freight management activities, in addition to the contract logistics business that a private equity group is close to buying.

The future of the former Wilson business – a Nordic freight forwarding company bought for Euros 257m (Dollars 328m) two years ago – is dependent on synergies with TNT’s express division.

It has been run as partof TNT’s logistics arm, offering air and sea transport as part of supply chain management.

But the decision to sell logistics – where margins have failed to meet expectations – meant the global freight management unit needed to be combined with express activities, which operate on a regional basis.

Linking them and finding savings might therefore prove difficult, said Peter Bakker, TNT chief executive.

He said TNT would publish the result of analysis to determine the potential for synergies in the current quarter. “If that (process) is not successful, then other scenarios open up,” Mr Bakker said, adding that these included selling the business.

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BÖWE BELL + HOWELL introduces the Printegrity™ inkjet solution

Posted by | Jul 31, 2006 | |

BÖWE BELL + HOWELL, a leading provider of mail center processing solutions, is pleased to introduce the Printegrity™ inkjet solution, a cost-efficient system that provides mailpiece personalization options to mailers. The solution will be featured in booth 421 during the GRAPH EXPO 2006 trade show in Chicago Oct. 15 through Oct.18.

The Printegrity inkjet solution offers flexibility for targeted and one-to-one marketing with the use of color printing onto envelopes and a range of other media types. The inkjet solution features the capability to print a range of items, including graphics, barcodes, addresses, time and date stamps, and variable messages.

With speeds of up to 36,000 envelopes per hour and quick changeover through simple job-loading features, the Printegrity inkjet solution is designed for efficiency. Its mechanical and software adjustments allow for fast job modifications to keep up with production needs. Additionally, the solution can interface with a wide range of inserters or serve as a standalone module capable of linking with several input and output options.

The Printegrity inkjet solution supports full integrity tracking features to ensure addresses and personalized messages match the mailpiece. The vacuum transport system provides positive material control to provide exceptional print quality.

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French Postal Rates to Increase on October 1, 2006

Posted by | Jul 31, 2006 | |

La Poste, the French post office, announced yesterday that the price of a stamp to send a letter weighing less than 20g within France will rise to the European average for domestic postage on October 1. At that point, it will cost 54 euro cents (up 1 euro cent on the current rate).

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