Author: Archive

Neopost H1 profits surge, raises operating margin target

Posted by | Oct 4, 2005 | |

Europe’s largest mailroom equipment firm Neopost on Tuesday raised its operating margin forecast for the third time this year as robust sales helped to lift its interim operating profit by a larger-than-expected 20 percent.
Neopost, which last month reported a 9-percent surge in first-half sales, said it now expected its operating profit margin to be above 24 percent for the current fiscal year ending January 31, 2006. The company, which shares 80 percent of the world market for postal equipment with its larger US rival Pitney Bowes had previously said it was confident it could achieve a margin of 24 percent. “2005 will be another great year for Neopost,” Chief Executive Jean-Paul Villot said in a statement.

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Service perceptions key to future of UK postal market

Posted by | Oct 3, 2005 | |

Three quarters of Royal Mail business customers say they would move some or all of their business if a competitor offered equivalent service quality at a 5% discount, but 82% believe that Royal Mail’s service is better. The findings reveal that although caution is prevalent in the business mail market, volume might quickly find its way to alternative suppliers if the general perception of the services levels offered by the private sector improves. In addition, Postcomm’s 2005 Business Customer Survey revealed that only half of Royal Mail users are happy with the state-owned company and 20% expected its introduction of size-based pricing to increase their use of alternative operators. Postcomm highlighted its unhappiness with the level of customers’ awareness of the competition timetable and of alternative suppliers.

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Royal Mail offers discount on customer magazine mailings

Posted by | Oct 3, 2005 | |

Royal Mail is launching a new promotion in support of the customer publishing industry by offering a 15% discount on customer magazine mailing costs. The initiative is designed to encourage clients with a prospective customer title to consider using mail as a distribution method. New clients are being encouraged to test mailed-out customer magazines as a marketing tool, supported by reports that almost two-thirds of all customer magazines are currently posted to recipients.

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Vietnam Post and telecommunication sectors to be separated

Posted by | Oct 3, 2005 | |

Administration of post and telecommunication operations is to be partitioned in 2007 in a plan approved by the Prime Minister Phan Van Khai. The move aims to bring Vietnam’s postal services up to par with other countries in the region and spur development of both sectors by 2010. Under the approved project, the postal and telecommunication sectors are to work independently to provide internationally-recognised services. By 2010 Vietnam should have 13,000 outlets nationwide, ranging from large post offices to small village kiosks, each serving about 7,000 residents on avarage. In the PM’s decision, he stressed the emphasis the Government places on domestic and foreign economic sectors investing in postal industry development. He said the Government encourages foreign investment of up to 100 per cent.

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French Geodis strengthens express business

Posted by | Oct 3, 2005 | |

French transport and logistics group Geodis has strengthened its express business by integrating six new branches from the network of local express transport specialist France Express, it was reported on October 3, 2005. The six branches include the France Express units in Strasbourg, Mulhouse, Belfort, Epinal, Tarbes and Brest. Geodis will also acquire 100 pct of the capital of Calberson-Danzas in Clermont Ferrand, a company which is part of France Express through its subsidiary Puy de Dome Express. Via this acquisition Geodis will strengthen its express business, especially in eastern France, as well as its positioning within the France Express network, now managing 74 of the 99 regional franchises.

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Romania to sell off state postal company

Posted by | Oct 3, 2005 | |

Romania’s government on Monday launched the restructuring and privatization process of the state postal company. The Ministry of Communication and Information Technology said in a statement it was inviting bids from international consulting firms to assist in the restructuring of the company and international banks who want to advise in the privatization of the company. The government plans to sell the Romanian Post by 2008.

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Davies Turner and Pall-Ex team up

Posted by | Oct 3, 2005 | |

Logistics company Davies Turner has joined Pallet network Pall-Ex, covering the Bromley and Dartford postcodes in south-east London. The previous member for the area had left the network “by mutual agreement”, Pall-Ex said.

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Japan Post begins selling investment trusts

Posted by | Oct 3, 2005 | |

Japan Post began selling investment trusts Monday through its nationwide post office network in what Japan Post President Masaharu Ikuta called a “very historically meaningful” undertaking. The public postal entity said the sale of investment trusts got off to a “stable start” as 1,220 individuals concluded 1,452 deals worth 1.08 billion yen or an average 885,000 yen per person. Japan Post is selling three investment trusts at 575 post offices across the country. The minimum amount of investment is set at 10,000 yen.

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