Author: Archive

Dutch Selekt Mail delivers 250 mln postal items 2005

Posted by | Feb 24, 2006 | |

Postal services company Selekt Mail Nederland, a joint venture of Dutch publisher Royal Wegener and German Deutsche Post AG, delivered 250 million postal items in 2005 compared to 100 million in 2004, the company said on February 24, 2006. Selekt Mail expects to deliver 330 million postal items in 2006. The company did not announce financial figures for 2005. The revenue growth in 2005 was in line with the volume increase, the company explained.

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EU says Britain clear to give post offices 150 million pounds a year

Posted by | Feb 24, 2006 | |

European Union regulators ruled Friday that Britain can pay the country’s post office 150 million pounds (EUR219 million; USD261.86 million) a year to keep rural branches open. The European Commission said it decided not to raise any objections to the government subsidy because the funding only covered the Post Office Ltd.’s duty to pay out social welfare and pensions throughout the country. EU state aid rules forbid governments granting firms aid which gives them an unfair competitive advantage over others. The Post Office, the largest European retail network by number of outlets, is an “arms’ length” retail subsidiary of the state-owned mail delivery firm Royal Mail Group PLC.

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Japan Post expects FY 2005 net profit of 2 tril. yen

Posted by | Feb 24, 2006 | |

Japan Post is likely to chalk up a net profit of about 2 trillion yen in fiscal 2005 to March 31, up from the previous year’s 1.2 trillion yen, President Masaharu Ikuta said Friday. Of the public corporation’s three core operations, the mail-delivery business is expected to stay in the black, with a net profit of more than 20 billion yen, for the third year in a row, Ikuta said at a lecture meeting held by Kyodo News.

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TNT Q4 results likely to be overshadowed by logistics sale, tax issues

Posted by | Feb 24, 2006 | |

TNT’s presentation of fourth quarter results on Monday is likely to be overshadowed by possible news on the sale of its logistics division or the alleged tax irregularities at some of its subsidiaries, analysts polled by AFX News said. Net profit is seen at 147-165 mln eur, down from 191 mln after an exceptional charge for the sale of the French logistics division, and sales are expected to come in at 3.5-3.6 bln eur, compared to 3.6 bln under GAAP. EBIT is seen at 241-262 mln eur, from 349 mln. Speculation about a possible break-up of TNT is rife after management in December announced that its Logistics division is up for sale. ‘In a break-up scenario, we believe US express delivery companies FedEx and UPS with, for instance, La Poste France would be highly interested, from a regional point of view and for reasons of strategy – none of them would be pleased if one of their competitors snapped up TNT Express,’ said Van Lanschot analyst Geert Jan Hoppers. Rabo Securities analyst Philip Scholte takes a more cautious stance on possible news surrounding the Logistics sale. ‘We do not yet anticipate any concrete news of the Logistics activities besides qualitative remarks such as ‘enough interest’ and ‘we stick your our expectation of a small book profit’, said Scholte.

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UPS Store dispute escalating

Posted by | Feb 24, 2006 | |

Three hundred of The UPS Store owners plan to sue United Parcel Service Inc. and its subsidiary, Mail Boxes Etc, for undercutting their profits. Hundreds of other UPS Store owners could follow suit, the culmination of a long-festering feud between many store owners and their franchiser. Store owners’ chief complaint is that Atlanta-based UPS which sets the rates that more than 4,100 UPS Stores in the United States can charge customers for shipping, offers cheaper rates to its direct-pickup customers and imposes requirements burdensome on the store owners. UPS acquired San Diego-based Mail Boxes Etc Inc in 2001, and in 2003, the vast majority of Mail Boxes stores changed their names to The UPS Store, while the UPS subsidiary that oversees the stores retains the Mail Boxes Etc name. All new US franchisees after 2003 were branded The UPS Store.

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UPS to open 3 retailing outlets in China in Q2

Posted by | Feb 24, 2006 | |

US United Parcel Service (UPS) plans to open three retailing outlets in China in Shanghai in the second quarter of this year. An executive for UPS told journalists that small and medium businesses accounted for about 30% of total Chinese clients of UPS and made great contributions to UPS’ profits. The three retailing outlets will provide services of collection and delivery of express mails as well as copy and bookbinding. UPS considers locating the outlets in CBD (central business district), hotels and neighboring universities. FedEx is also studying localization of retailing outlets and is set to march into the Chinese retailing market.

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Print management – Sector seeks diverse new roles to play

Posted by | Feb 23, 2006 | |

As print managers move into mail and logistics, Barney Cox asks what else we can expect.

Last week’s deal by Deutsche Post for a 51% stake in Williams Lea raised questions about how printers and print management firms fitted into a broader market serving bus-iness communications needs.

As soon as the deal was done, eyes turned to Communisis, the last of the “big three” print management market alongside Williams Lea and Astron not to have yet been snapped up. Its recent announcement that talks with a potential buyer had ceased has done little to halt speculation that it is the next acquisition target in this sector. And with the ongoing review of Adare’s business there is a real possibility that its print management businesses may be in the hands of a new owner before too long.

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Print Management: The next link in the food chain

Posted by | Feb 23, 2006 | |

DPWN’s GBP252m purchase of a controlling stake in Williams Lea is part of a trend in complementary acquisitions, says Tom Hawkins. Williams Lea, a major name in the British printing industry for 185 years, last week handed a controlling stake in the company to German postal operator Deutsche Post World Net. The GBP252m investment gives DPWN 51 per cent of Williams Lea, which is expected to expand over the next few years. The shareholding was made possible after investment capital firm 3i relinquished its 38 per cent stake for GBP110m with the remainder coming from the Williams Lea family’s 30 per cent ownership.
For Williams Lea the deal provides solid financial backing and access, via DPWN’s global customer base, to major document management contracts. For DPWN, the deal extends its ownership of printed documents from delivery back to the point of creation.

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