Tag: Geopost

Seur: plain sailing

Posted by | Mar 7, 2005 | |

Seur’s year-on-year increase was primarily driven by the international business, which has traditionally been the company’s Achilles’ heel. Last year’s launch of a partnership with the French GeoPost has enabled Seur to improve this part of the business almost immediately with the upward trend likely to continue in 2005.

Leading Spanish express and courier company Seur has posted its 2004 financial results, although it only stated and commented upon total sales as the company is not listed on the stock market and is therefore not obliged to release complete financial statements.

The company reported revenues of E543 million, an 8.7% increase on the previous year’s figure. Seur’s outgoing president, Mr Ramon Mayo, emphasized the significant growth in international business, with sales from this segment almost doubling last year’s figures, and now representing 8% of total revenues at E43.4 million.

Read More

Seur to double overseas business within a year after La Poste tie-up

Posted by | Feb 24, 2005 | |

The recent tie-up between Seur and France’s La Poste has set up the Spanish delivery services group for strong international growth over the next five years.

According to Ramón Mayo, the vice president of Seur España, the alliance with La Poste will see the contribution of the Spanish group’s international operations to total turnover double within a year to 14 percent from 7 percent.

La Poste unit GeoPost acquired a 12.5 percent stake in Seur España out of the 21 percent put on the block by the founder of the Spanish group Justo Yúfera in February. The remaining 8.5 percent ended up in the hands of the 64 remaining partners in the transportation business.

Mayo said Seur had been looking at ways off expanding its overseas business for some time. However, he said the process of finding an international associate was complicated by the structure of the group, which is organized around 85 franchises handed out by its partners.

Read More

GeoPost expands into Bosnia Herzegovina

Posted by | Jan 31, 2005 | |

GeoPost has continued its expandion across the Balkans by launching its DPD road express network in Bosnia Herzegovina through a joint venture with Austrian dcompany Lagermax. The company is now also opoerational in Bulgaria thanks to a jv between its Turkish arm, GeoPost Yurtici Kargo Servisi, and local courier City Express.

Read More

BALTIC STATES – Moving in on Europe’s new stars in the east

Posted by | Dec 20, 2004 | |

Express delivery is making inroads into Poland and the Baltic States, with new partnerships, services and investment launched in 2004. Established in Poland, DHL, TNT and UPS have been joined by FedEx, which launched direct flights in August. Industry sources estimate that Poland supports a EUR500m-a-year total express market, including courier business worth EUR270m – EUR280m, and the market is expanding rapidly.

Read More

Altadis’ Logista completes Geopost acquisition

Posted by | Nov 5, 2004 | |

Altadis SA affiliate Cia de Distribucion Integral Logista SA said it has completed the acquisition of La Poste Group’s Geopost Logistics Holding (GLH) for 12.8 mln eur. GLH posted revenue of 69.4 mln eur in 2003, Logista said, adding that its activities will allow the Spanish group to gain a foothold in the French market for promotions at service stations, travel agents and bank branches.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest