La Poste, the French state mail monopoly, said Thursday exceptional costs and higher energy prices caused a significant drop in profits in 2000. La Poste reported net profit of EUR139.2 million in 2000, down 51% from EUR283.6 million in 1999
Read MoreAuologic to acquire,40%of CAT from Renault in consortium with Wallenius Lines and TNT with Renault retaining a 20% stake – cost £47.6m. Also to buy substantially all of Axial from Tibbett & Britten for £74.5m – £59.5m in cash balnce in new Autologic shares. To be financed by Rights Issue of 1 for 2 at £4/share to raise £51m.
Read MoreRenault sells Logistics arm for €467.4 mln to Autologic and others
Read MoreFrench national postal organisation La Poste, has awarded Bell & Howell
the contract to supply its mail inserting equipment. La Poste’s order
for 42 systems represents the largest single order for inserters that
the US information services company received in 2000 and is worth
around $5m.
International Comparision of the liberalisation of EU postal markets. Includes turnover, parcel & letter post market share
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