Tag: Europe

Deutsche Post World Net lifts net income by 51 percent

Posted by | Nov 10, 2005 | |

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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Geber firm ‘working on possible deal’ to buy TNT

Posted by | Nov 10, 2005 | |

TNT was yesterday the subject of renewed takeover speculation after a German private equity investor said he was trying to form a consortium to bid for the company. Cornelius Geber told the FT: “I can confirm that through my [private equity] company, CG Beteiligungs AG, we are currently working on a possible deal [to buy TNT].” He said he was in talks with at least two financial investors and at least two strategic buyers, which had expressed interest in a joint approach for TNT. “We have not yet decided who to go with,” he said, adding that his plan was at an early stage.

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Paul Kehoe appointed Chief Executive of DX Services

Posted by | Nov 10, 2005 | |

DX Services plc is pleased to announce the appointment of Paul Kehoe as Chief
Executive with effect from 14 November 2005 when he will also join the Board.
Paul replaces Peter Brougham, who steps down from the Company on 11 November
2005. Paul (46) joins DX from a career in the Aviation and Business Services sectors. Most recently he was Operations Director and an executive Board member of airports owner TBI plc, the largest regional airport operator in Europe, and
managing director at Belfast International & London Luton Airports.

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Pall-Ex director joins Palletways member

Posted by | Nov 10, 2005 | |

Former Pall-Ex director Glynis Hargreaves has joined Palletways with Barking-based Multi-Link, one of three new network members. Multi-Link began operating the E postcodes on October 31 after joining the network from Pall-Ex. Sales manager Hargreaves says: “We did N and NW for Pall-Ex which was too far away from our depot.” Network newcomers are TS International, operating parts of the LL and SY postcodes, and Dove Collections for the TN postcodes, previously covered by Laser Transport.

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Amtrak customer messenging

Posted by | Nov 10, 2005 | |

Home delivery parcels specialist Amtrak has taken a leaf out of the gift market and now allows customers to have a message printed on the outside of its parcels. Customers ente the message when booking a parcel delivery online an it is printed within a box on the bar-code label.

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