Tag: Europe

Hermes Logistik, the German consumer parcels company, today announced double-digit growth, a surge in the number of parcels sent by consumers, and its entry into the Austrian market this summer.

The operator, a subsidiary of Europe’s largest mail-order company, Otto Group, increased gross sales in the business year ending February 28, 2007, by 11.5% to EUR 1,016 million, with net sales up to EUR 872 million. It does not disclose profit figures.

Volumes in the business-to-consume (B2C) segment grew by 10.3% to 235 million shipments, increasing its German B2C market share to 37% from 35%, it said in a statement. The ProfiPaketService for medium-sized firms launched in February 2006 generated 3,000 new customers its first year.

The fastest-growing business, however, was the consumer-to-consumer (C2C) parcel business. “ We are particularly proud of massive growth in private parcels,” said managing director Hanjo Schneider “With an increase of 79% to 23.6 million items we have substantially reduced the gap on the current market leader.”