Tag: Deutsche Post

Pushing the envelope

Posted by | Apr 9, 2002 | |

ANY MARKETER WORTH HIS or her salt knows that direct marketing (DM) is one of the most cost effective ways to spend their budget. With the deregulation of the postal market, the case for DM, and in particular direct mail, is set to get even more persuasive.
The move, announced by the Postal Services Commission (Postcomm) in January this year, aims to reduce Consignia’s monopoly in the UK postal market. Final details of the changes are due to be made public this month, although Consignia is currently lobbying hard for the proposed changes to be postponed.

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Deutsche Post plans to buy back shares

Posted by | Apr 9, 2002 | |

Deutsche Post, the German postal and logistics group, said yesterday it planned to buy back shares in an attempt to shore up its share price.
Institutional investors have long called on Deutsche Post to take such a step, given that its mono-poly mail business generates healthy cashflow and it has comparatively little debt.
The postal carrier has also lost a quarter of its value since its initial public offering in late 2000, which has angered small investors.

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Deutsche Post hopes to deliver mail in UK

Posted by | Apr 9, 2002 | |

Deutsche Post AG, the German postal service operator, aims to take advantage of deregulation of the EU mail sector in the years 2003 and 2006, and perceives the UK market as particularly promising. With effect from 2003, the EU plans to lower the upper weight limit for state monopolies on letter deliveries from 350 grams to 100 grams (the limit in Germany stands at 200 grams), and a further reduction to 50 grams is planned in 2006.

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Deutsche Post Plans Further Expansion

Posted by | Apr 8, 2002 | |

German postal and logistics group Deutsche Post AG plans to continue with its expansion course this year despite the difficult economic environment.
“In 2002 and the following years we will take a significant step towards our goal of becoming the world’s leading logistics group,” said Chief Executive Klaus Zumwinkel at the company’s annual news conference on Monday.

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DPWN Releases 2001 Results

Posted by | Apr 8, 2002 | |

In 2001, a year marked by economic difficulties, Deutsche Post World Net has continued to pursue the successful journey it began some years ago. The Group’s revenue and profit figures surpassed the record heights achieved in 2000. Revenue rose by 2.1% to €33.4bn while profit from operating (EBITA) increased by 7.3% to some €2.6bn. At today’s press conference on the Group’s financial statements, the successful fiscal year 2001 prompted Chairman of the Board of Management Dr Klaus Zumwinkel to suggest a higher dividend for shareholders: ‘At our Annual General Meeting, thanks to our positive figures we will propose a dividend of 37 cents per share – an increase of 37%.

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