Tag: Germany

TNT advocates liberalisation of postal market – level playing field with UK and Germany prerequisite for further liberalisation

Posted by | Nov 11, 2005 | |

TNT has taken note of the Council of Ministers’ decision to request advice from the Council of State regarding the proposal for a new postal act. In light of the proposed full liberalisation of the postal market in the Netherlands, the present Dutch Postal Act will need to be amended. TNT is a proponent of postal liberalisation, provided a level playing field is created in Europe. According to the Postal Memorandum, liberalisation in the Netherlands will have to keep in step with the rate of liberalisation and actual competitive opportunities in Germany and the United Kingdom. TNT has established that a level playing field does not exist at present. Compared to Royal Mail and Deutsche Post, new entrants to the UK and German postal markets are still disadvantaged by the VAT system. Other issues include licensing conditions, anti-competitive regulation of network access and rates, and market obstruction by both national postal companies. These problems do not exist in the Dutch market, which means that competition is already developing rapidly.

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Calls for Deutsche Post to pay VAT

Posted by | Nov 10, 2005 | |

Rivals of German postal services provider Deutsche Post have called for the new German government to levy VAT on the monopolist. The federal association of international express and courier services (BIEK) said that Deutsche Post’s exemption costs the treasury between 150m euros and 330m euros each year. The association believes that this gives Deutsche Post an unfair advantage over its rivals and stated that the situation could be changed immediately using EU law.
Deutsche Post, however, is not troubled. The group said that if it paid VAT, it would have to increase postage prices and that therefore EU law could not be used immediately. The head of Deutsche Post, Klaus Zumwinkel, has already stated that the group will pay VAT once the letter market is fully liberalised.

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Deutsche Post Q3 EBIT rises 49 pct on strong logistics, financial services

Posted by | Nov 10, 2005 | |

Deutsche Post AG said its third quarter EBIT rose 49 pct to 720 mln eur, from 484 mln a year-earlier, thanks to strong sales at its logistics and financial services units. The EBIT figure was at the high end of analysts forecast which ranged between 560-860 mln eur. Third quarter sales reached 11.028 bln eur, up from 10.648 bln, but below the 11.040-11.881 bln eur range analysts forecast because of weakness in the German mail market. Net profit was 405 mln eur, compared to 169 mln, reaching the high end of 290-408 mln eur range analysts forecast.

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Deutsche Post World Net lifts net income by 51 percent

Posted by | Nov 10, 2005 | |

Deutsche Post World Net increased its profit from operating activities (EBIT) by 19.9 percent to around 2.4 billion euros in the first nine months. Revenue rose slightly by 2.5 percent to 32.5 billion euros compared with the first nine months of the previous year. Consolidated net income grew by 51 percent to around 1.3 billion euros, after 890 million euros in the previous year. Earnings per share increased accordingly from 0.80 to 1.20 euros. Third quarter consolidated net income more than doubled year-on-year, from 169 million to 405 million euros. “We have consistently and successfully continued our global strategy and after completing the acquisition of Exel we will be the leading logistics provider worldwide,” said Chairman of the Board and Chief Executive Officer Klaus Zumwinkel. In the first nine months, the company generated half its revenue outside Germany. Within Germany, the Group also made great progress. “With the acquisition of BHW, Postbank will be the clear number one in retail banking,” said Zumwinkel.

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Global mail services seen as new frontier for RFID

Posted by | Nov 10, 2005 | |

Postal and courier mail services are expected to become the second largest market for radio frequency identification item-level tagging following the retail sector, according to a research firm.

The technology already is being deployed at carriers to secure access to vehicles, trailers, and sorting and shipping areas. “We see a strong move toward revamping total postal systems to make it much easier to send and receive the correct package more promptly with better cost and security control,” said Peter Harrop, chairman at research firm IDTechEx on Thursday. “That is why Arabia is rolling out smart post boxes, and Korea is looking to change its receiving and shipment to a holistic system with near real-time traceability.”

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