Tag: Deutsche Post World Net

Deutsche Post to acquire 75 pct of Williams Lea for about 370 mln eur

Deutsche Post AG said it plans to acquire 75 pct of UK-based Williams Lea for 370 mln eur in order to expand its worldwide logistics operations. Williams Lea issued a statement on its Website saying it ‘welcomes Deutsche Post as new principal investor,’ and that it will continue to operate as an independent entity. We are delighted with the outcome of our recent negotiations and Deutsche Post World Nets decision to become our principal investor,’ chief executive Tim Griffiths said in the statement. Williams Lea had annual revenues of 438 mln stg in the fiscal year through Sept 30, 2005.

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Deutsche Post World Net takes majority stake in leading document and mail services provider Williams Lea

Deutsche Post World Net will take a majority stake in Williams Lea, a business process outsourcing (BPO) provider specializing in document management and mail services. Headquartered in London, Great Britain, Williams Lea is a leading provider of value-added document and mail-related services, offering a wide range of products in the areas of print management, mailroom management, document management as well as direct marketing. As the number one service provider in the UK and Europe, Williams Lea has significantly strengthened its international presence through organic and acquisitive growth, especially in the USA. With the acquisition of a majority stake in Williams Lea, Deutsche Post World Net strengthens not only the presence of its brand DHL Global Mail in foreign mail markets, but also builds upon the breadth of its global mail services. This strengthens the overall position of the Deutsche Post World Net Group as the leading one-stop-shop for the provision of express, logistics and mail services.

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Deutsche Post World Net lifts net income by 51 percent

Deutsche Post World Net increased its profit from operating activities (EBIT) by 19.9 percent to around 2.4 billion euros in the first nine months. Revenue rose slightly by 2.5 percent to 32.5 billion euros compared with the first nine months of the previous year. Consolidated net income grew by 51 percent to around 1.3 billion euros, after 890 million euros in the previous year. Earnings per share increased accordingly from 0.80 to 1.20 euros. Third quarter consolidated net income more than doubled year-on-year, from 169 million to 405 million euros. “We have consistently and successfully continued our global strategy and after completing the acquisition of Exel we will be the leading logistics provider worldwide,” said Chairman of the Board and Chief Executive Officer Klaus Zumwinkel. In the first nine months, the company generated half its revenue outside Germany. Within Germany, the Group also made great progress. “With the acquisition of BHW, Postbank will be the clear number one in retail banking,” said Zumwinkel.

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Overseas firms target U.S. market

As many U.S. companies expand their marketing presence in China, other global companies are targeting the U.S. with new marketing efforts.

Two notable companies that are pumping up their marketing in the U.S. are DHL International, a German-based shipping company owned by Deutsche Post World Net, and BT, a London-based telecommunications company.

DHL and BT last month launched new ad campaigns in the U.S., and their strategies demonstrate the ways in which global marketers approach the unique challenges of reaching fragmented U.S. audiences.

“As companies come to the U.S., the major challenge is about brand management,” said Bill Engler, senior VP-strategy at brand consultancy BrandLogic. “It really gets down to consistency and flexibility, and creating a brand guidance system that allows for both.”

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Deutsche Post Q1 EBIT up 2.8 pct as revenues fall slightly

Deutsche Post World Net AG said first quarter EBIT rose by 2.8 pct to 871 mln eur, while revenues fell 0.4 pct to 10.526 bln as a result of a sales decline in the cash-rich mail business and in the express division. It said the prior-year figures were adjusted to reflect IFRS accounting standards, which the company started using this year. It will report from now on EBIT figures instead of EBITA, which analysts had forecast would fall below last year’s 937 mln eur.

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