Tag: Finland

Finland Posts net sales continue to grow

Posted by | Aug 10, 2006 | |

Interim Report for April–June 2006

Consolidated net sales for Q2/2006 improved to EUR 376.0 million over the same period a year ago (EUR 313.4 million in Q2/2005), up by 20%, company acquisitions and organic growth accounting for 17% and 3%, respectively.
Consolidated operating profit declined to EUR 15.1 million (EUR 22.5 million), representing 4% (7%) of consolidated net sales. Profit before tax came to EUR 15.8 million (EUR 24.0 million).
Net sales reported by Messaging remained steady. The business group’s profitability was eroded by a fall (6%) in 1st class letter-mail volumes and an increase in delivery labour costs.
Information Logistics’ net sales showed favourable developments in all of its product groups, with the exception of Germany. However, price competition remained fierce.
As a result of acquisitions in 2005, Logistics reported strong growth in its net sales.

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ePOSTIT Celebrates the First Anniversary of its Unique Global Mailing Concept

Posted by | Aug 9, 2006 | |

US-based global leader in Email to Postal address delivery services, ePOSTIT, celebrates the first anniversary of their FREE service. ePOSTIT entered the market last year with their new unique Free mailing concept which connects the virtual PC world to the real postal address world. It growth since their initial introduction has exploded. ePOSTIT delivers thousands of mails per month to clients all over the world.

Lisa Chang, Director & Co-Partner, expressed that a celebration is definitely in order. “By the end of our first year, ePOSTIT has established itself as company with an effective mailing concept to the common person. Our strong numbers in the growth of our service users is a testament to how ePOSTIT is filling a growing need as our world becomes more connected. It is exhilarating to be part of these developments from the ground-up and especially gratifying to watch the company grow and evolve. Our success is driven by our Founder’s vision and passion to provide the best experience to our service users coupled with a well managed growth plan.”

“Following in the footsteps of our Free service, Our Premium Specialized Bulk & Business Printing Service is growing in popularity and use. ePOSTIT has processed more than 12,000 Photos & nearly 4200 Messages alone in the first 10 months of our Free service. In addition, ePOSTIT is now providing free Public Safety Ads to create public awareness regarding Cancer & Cigarette smoking.”

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European postal companies call for complete liberalisation in 2009

Posted by | Jul 17, 2006 | |

Chief Executive Officers of national postal companies in the Netherlands, Sweden, Finland and Germany have started a joint initiative for a complete opening of the postal markets in Europe by 2009. In a policy paper addressed to Internal Market Commissioner Charlie McCreevy, CEOs Peter Bakker (TNT), Erik Olsson (Posten AB), Jukka Alho (Finland Post Corporation) and Klaus Zumwinkel (Deutsche Post World Net) plead for a sustainable postal sector in the next decades that should be realised by a complete market liberalisation by 2009 and the modernisation of the universal service.

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Finland Post To Sell Stake in Kelpo Kuljetus JV to German DHL

Posted by | Jul 12, 2006 | |

Finland Post Group said on July 12, 2006 it will sell its 49 pct stake in the transport joint venture Kelpo Kuljetus Fi Oy to joint venture partner DHL, the logistics and express delivery business of German postal service group Deutsche Post.

No financial details were available.

The transaction is subject to approval by the competition authorities.

The deal is part of the partners’ aim to focus on their core businesses.

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DHL and Finland Post agree on business acquisition of Kelpo Kuljetus Fi Oy.

Posted by | Jul 12, 2006 | |

DHL and Finland Post have agreed on a business acquisition based on which DHL will buy out Finland Post’s 49 per cent of shares in Kelpo Kuljetus Fi Oy, the jointly owned domestic transport company, rendering Kelpokuljetus a fully-owned DHL subsidiary. This deal is subject to approval by the competition authorities.

According to the deal, Finland Post will acquire the regional transport business of Kelpokuljetus, comprising the transports from post centres to delivery post offices and customers, whereby staff responsible for regional transport services, the related equipment and customer contracts will transfer to Finland Post. These employees will join Finland Post under their current employment terms.

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