Tag: Czech Post

Ceska Posta raises profit to Czk 1 billion

Ceska posta, the Czech Post Office, raised gross profit by 4 percent year-on-year to CZK 1 billion in the first nine months of the year.

Sales from postal operations added almost 2 percent to CZK 7 billion, while sales from agency services to clients rose by 5 percent to CZK 1.5 billion.

Ceska posta also expects a 4 percent rise in profits for the full year. In 2005, it made net profits worth CZK 667 million, a year-on-year increase by half. Gross profits reached CZK 920 million.

Ceska posta, owned by the state, has 37,500 employees in 3,400 branches. The company will be transformed into a joint-stock company in the next few years before it can be privatised.

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Ceska posta can be joint-stock company as of January 2008

Ceska posta could be transformed into a joint-stock company as of January 1, 2008 and the cabinet should then decide whether the state will still be a 100-percent owner of the postal services provider or whether the firm will be privatised, Interior and IT Minister Ivan Langer said Sunday.
Langer now wants to launch the project of Ceska posta transformation prepared by the IT Ministry, he told Czech Television.
Ceska posta is run by the IT Ministry, which the new government wants to phase out. Ministers should decide on a new integration of postal services but also telecommunications next week. Langer said the Transport Ministry or the Industry and Trade Ministry could be in charge of those areas.
Ceska posta employs more than 38,000 people in 3,400 branches at present and has annual sales at roughly CZK 18 billion. Profit hovered around CZK 670 million in 2005.

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Development of competition in the European postal sector

Postal sector regulation and postal sector policy

Forces governing competition (Porter analysis, contestability of markets)

The universal postal operator: facts, figures, strategy

Competitor postal operators and effect of competition on market structure and
market performance

Regulatory framework, liberalisation and access regulation

Market size of the postal sector and country information

Facts and figures for the national postal operator (US provider)

Competitor postal operators and market structure of the postal sector

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Development of competition in the European postal sector

Postal sector regulation and postal sector policy

Forces governing competition (Porter analysis, contestability of markets)

The universal postal operator: facts, figures, strategy

Competitor postal operators and effect of competition on market structure and market performance

Regulatory framework, liberalisation and access regulation

Market size of the postal sector and country information

Facts and figures for the national postal operator (US provider)

Competitor postal operators and market structure of the postal sector

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Czech Post Office to raise prices from February

Ceska posta, the Czech Post Office, will raise the prices of key services as of February next year, spokesman Ladislav Vancura told CTK today.

The price of stamps on letters and postcards will grow by Kc1 to Kc7.50. Experts said the price increase would raise both sales and net profits for the Post Office.

“Demand for this type of services is not elastic in terms of prices, that is, a price change does not result in a remarkable change in demand,” Colosseum analyst Stepan Pirko told CTK.

Ceska posta ended last year with net profits of Kc700 million, a growth from Kc392 million a year earlier.

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