Tag: Australia Post

Australia Post sees record profit, on prowl for acquisitions

Australia Post today achieved a record profit after tax of $A297 million ($US163.8 million) for the financial year 2002, as its chairman Linda Nicholls said the company was one of the best performing postal services in the world.

She said the quality of the corporation’s earnings improved markedly with underlying trading performance up by more than $A49 million ($US27.02 million).

The profit after tax was reached off total revenue of $A3.758 billion ($US2.07 billion), up from the previous year’s revenue of $A3.748 billion ($US2.07 billion).

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FKI Logistex wins AUD 35.1m contract to supply Australia Post

FKI plc today announces that FKI Logistex, through its Crisplant a/s operation, has won a AUD 35.1m contract to supply Australia Post with three automated high-speed sorting systems for parcel mail. Australia Post has decided to automate its parcel handling facilities by establishing three parcel centres in Sydney, Melbourne and Brisbane to maintain its position in the ever more competitive parcel handling market. FKI Logistex Crisplant has been selected as the main contractor for the supply of the sophisticated automated sorting systems for all three of the centres.

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Deutsche Postman gives us the mail

DEUTSCHE Post chairman Klaus Knappik says he believes Australia offers the best growth potential in Asia Pacific.
Deutsche Post has transformed from a mail-delivery service to a business consultancy providing market intelligence, databases of potential customers and production of marketing brochures.
Although the market is relatively small, Mr Knappik, who visited Sydney last week, said the world’s second-largest mail operator offered Australian customers value-added services, such as direct marketing overseas.
“The world market place is getting bigger, and companies in Australia which never thought they would ever enter foreign markets may have the opportunity to do so now,” he said.
In the past, they would probably need an office overseas, he said. But nowadays operators like Deutsche Post could organise mail shots in countries far away.

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Deutsche Post to expand Australian Operations

German-based international mail distributor Deutsche Post Global Mail GmbH plans to extend its operations in Australia and other countries in the region.
Deutsche Post chairman Klaus Knappik, who was in Sydney to attend a board meeting of its Australian operations today, said the company planned to compete directly with Australia Post for its share of international mail distribution.
Mr Knappik said the board was very much focused on expanding Australian operations.
“The Australian market is probably right now the most important one for us because it is the most developed in the region and in most other Asian countries we are not really that well represented yet,” Mr Knappik told AAP.

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