Tag: Europe

Neopost wins Award

Mailroom equipment supplier Neopost has won Triangle’s UK Mail Technology Award for its i-Weigh scale developed in response to Pricing in Proportion (PiP). The firm has also been named the Parcelforce Vendor of the Year 2006 by Royal Mail Group.

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Postwatch welcomes Royal Mail's strong half-year results

Postwatch today welcomed Royal Mail’s results for the first six months of the financial year, which show the company is on course to meet all 12 of its performance targets.

Across the UK, Royal Mail achieved 94.5 percent of 1st class post delivered the
next working day. Royal Mail met this minimum target of 93 percent of 1st class
post delivered the next working day in 111 of the 118 UK postcode areas.

Commenting on the results, Millie Banerjee, Chair of Postwatch, said:
“Royal Mail’s results represent excellent progress and show the company is on
course, for the first time, to meet all its targets over the course of a financial year.

“These figures are evidence not just of the hard work put in by Royal Mail staff,
but also of the positive motivating effect competition in the mail market is having
on Royal Mail to up its game.

“Congratulations in particular to Royal Mail staff in Swindon, who recorded the
best performance in the UK. Postwatch hopes that Royal Mail throughout the UK
can keep up the good work and continue to provide the standard of service
customers expect over the coming months, and beyond.”

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Royal Mail’s First Class service the best ever

Royal Mail’s quality of service to customers is at its highest level ever, as the latest figures show. In the second quarter of 2006-07 (end of June to early September), 94.5% of First Class letters arriving the next working day after posting. This is the best performance of any quarter on record, and exceeds the 93.0% national target.

Second Class mail also beat its 98.5% target, with a 99.1% performance over the same three-month period – also the best second quarter result on record.

“These are great results and confirm we are delivering the best ever quality of service to our customers,” said Ian Griffiths, Managing Director, Royal Mail Letters. “This is thanks to the hard work and dedication of all our postmen and women who do a first class job day in, day out.”

Mail services used by larger businesses also exceeded their targets. These include Mailsort bulk business mail services, Presstream for magazine mailings and PPI (printed postage impression) items.

Royal Mail’s Standard Parcel service recorded a performance of 95.2% – well above its 90.0% target. Royal Mail’s Special Delivery guaranteed next day service also exceeded its target – with a 99.1% performance against its 99.0% target.

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Target Express acquisition and Electronic Security strategic review

Q.
You’ve made two announcements today: the acquisition of Target Express and a strategic review of the Electronic Security business. If we look at Target Express first, what’s the rationale behind that deal?

A.
We’ve announced that we’re going to buy Target Express for some £210m. It’s a highly complementary business with our own business, City Link, in the next day express parcel delivery business.

Our City Link business has continued to take market share every year for the last decade and Target Express has got a similar high growth profile. Between the two of them they add up to putting us in a close second position behind DHL.

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