Tag: Azkar

Spanish Courier Sector Eyes 5.8 Bln Euro Turnover 2004

Posted by | Sep 14, 2004 | |

Spanish courier service sector forecasts a turnover of a total 5.8 bln euro ($7.1 bln) for 2004, up 10.9 pct year-on-year, Spanish consultancy DBK said on September 14, 2004.

Spain’s courier sector eyes a 9.0 pct year-on-year increase in turnover to 6.3 bln euro ($7.7 bln) in 2005.

The turnover increase in both 2004 and 2005 will be partly due to the improved consumer confidence in delivery services.

DBK has also detected a tendency of mergers between courier firms in Spain, targeted at strengthening of the companies’ positions on the domestic market, at entering new markets or at gaining bigger clients and starting complementary services.

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Spanish Azkar Opens Distribution Centre in Burgos

Posted by | Sep 9, 2004 | |

Spanish transport and distribution company Transportes Azkar SA, Azcar, opened a distribution centre in Burgos, northern Spain, the company said on September 8, 2004.

The distribution centre has an area of 2,400 sq m and is part of the city transports centre.

The opening of the centre is aimed to strengthen the positions of the company in Castille Leon. Azkar operates a network of six distribution centres in the region and a logistics platform, located in Valladolid. Currently existing centres total an area of 16,000 sq m.

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Spanish Azkar Vice Chairman Raises Stake in Company to 5.2 Pct

Posted by | Sep 7, 2004 | |

Jose Antonio Orozco, vice chairman of Spanish transport and distribution company Transportes Azkar SA, has raised his stake in the company to 5.175 pct, the company reported to the Spanish stock market regulator CNMV on September 6, 2004.

The daughters of the chairman Luis Fernandez Somoza reduced their stake to 2.57 pct from 4.0 pct.

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Azkar H1 net falls to 8.9 mln eur vs 10.0 as rev grows 14.6 pct vs 10 target

Posted by | Jul 30, 2004 | |

Transportes Azkar SA said net profit declined to 8.98 mln eur in the first half to June 30 from 10.02 mln a year earlier, mainly as a result of lower one-time gains.

In a statement, Azkar said that despite the net decline, revenues grew 14.6 pct to 153.08 mln eur, beating the company’s target for 10 pct growth.

Revenue growth was driven by a nearly 10 pct rise in deliveries to 6.31 mln eur from 5.74 mln a year earlier, it said.

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Azkar Q1 net rises 19 pct to 5.1 mln eur as revenues grow 15 pct

Posted by | May 17, 2004 | |

Transportes Azkar SA said net profit rose 19 pct to 5.1 mln eur in the first quarter to March 31 from 4.3 mln a year earlier on a 15 pct increase in total revenues to 77 mln.

Azkar said revenue growth was driven by a nearly 10 pct rise in deliveries to a total 3.235 mln eur in the first quarter from 2.942 mln a year earlier.

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