Tag: La Poste

DPD expanding in Estonia

Posted by | Sep 9, 2008 | |

DPD is expanding capacity for its fast-growing business in the Baltic region with a new parcel sorting depot in Tartu, southern Estonia.

The new 1,500 sqm facility is four times bigger than the company’s previous depot and has increased its capacities to handle more than 3,000 parcels per hour. The new sorting terminal has 31 gates for couriers’ vehicles to handle loading and unloading of parcels.
According to DPD, the need for the new southern Estonian depot has come from the company’s fast growth. In the Baltic’s biggest and well-developed depot and delivery network DPD has more than 600 couriers and 30 depots. Investing in the expansion of parcel sorting depots supports the company’s strategy of aiming at the market leadership for next day deliveries and additional services in the Baltic region.

In 2007, DPD increased its import volume to the Baltic countries of Estonia, Latvia and Lithuania by 40 pct to around ten million parcels. In domestic shipping within the Baltic states, the three country organisations DPD Eesti, DPD Latvija and DPD Lietuva have a market share of as much as 46 pct.

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French Postal Workers Issue Strike Call for September 23

Posted by | Sep 9, 2008 | |

The six trade union federations are organizing a joint day of action against the planned privatization of the postal service.

Last week, Jean-Paul Bailly, the president of the public sector company, confirmed his plan to convert the postal service into a private corporation on January 1, 2010, with the sale of shares a year later. “This official announcement has confirmed the government’s intention to privatize the postal service and to ride roughshod over all opposition,” the joint declaration of the six union federations says.

For the unions, “this year’s” mobilization of postal workers, customers and local elected officials has demonstrated attachment to the public postal service and to guarantees for postal personnel. The union federations “are reiterating their demand for a public debate.” They intend to circulate a petition among customers to back up the postal strike, and to address themselves “to all the elected officials and political parties” in view of obtaining their backing. The union federations have opted for decentralized demonstrations on September 23 so as to bring out as many protesters as possible.

Jean-Paul Bailly rejected the expression “privatization” during his announcement, arguing that the law guarantees the postal service’s public service mission, and that the government will maintain a stake of over 50 percent.

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Performance improvement driven by higher income and lower expenses

Posted by | Sep 3, 2008 | |

In the first half of 2008, Post Danmark achieved a profit before tax of DKK 616 million compared with DKK 355 million in the same period last year.

The profit performance for the half-year was somewhat better than expected. Income rose nearly 2 per cent, while expenses were almost 1.5 per cent below last year’s level. The fall in expenses resulted from, among other things, a downward adjustment of DKK 126 million made in relation to the Group’s pension adjustment obligation, reflecting the effect of a gradually later age of Post Danmark employees when they retire. Lastly, the financial statements showed an increase in income from the Belgian postal company De Post – La Poste.

The financial statements were affected positively by the fact that it has been possible for Post Danmark to implement staff reductions due, among other things, to the major changes made in the distribution structure of the company. Changes that also equip Post Danmark for future challenges of a heated labour market.

Post Danmark’s expectations for the full year of 2008 are maintained. Thus, profit before tax is expected to be somewhat higher than in 2007. 1 USD = 5.15895 DKK

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La Poste Group results – 1st half 2008

Posted by | Sep 2, 2008 | |

La Poste’s Board of Directors approved the Group’s financial statements at 30 June 2008.

The March 2008 sale of the airline company, Europe Airpost, was the main change in scope during the half. This sale meets the Group’s objective to withdraw from the air transport business to give priority to its portfolio of strategic activities. Group turnover amounted to EUR 10.556 billion.

The Group’s strategy is based on the complementarities of its business, Mail, Parcel-Express, Financial Services and La Poste Retail Brand, which let it diversify its risks. Consequently, the sustained growth in Parcel-Express and Financial Services activities were able to partially offset in the 1st half the larger than forecast impact on the Mail business of the economic slowdown and the increase in fuel and fluid prices.

The Group confirms its goal to continue its development in growing markets in each of its three business sectors. Therefore, in the 2nd half 2008, it will seize all acquisition opportunities likely to fulfil this goal under satisfactory asset conditions while being careful at the level of its debt ratios, which remain high in its current equity level context.

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La Poste national strike on Sep 23

Posted by | Sep 2, 2008 | |

Unions have called for a national strike by post office workers to protest at government plans they say will lead to the privatisation of La Poste.

Six unions have said they will demonstrate against the government’s decision to change the status of La Poste from – a move seen as a preview to selling off parts of the group.

The unions have called on customers to sign petitions against the privatisation of La Poste and say a full public debate should be held on the issue.

The President of La Poste, Jean-Paul Bailly, said the company would become a société anonyme from January 2010 with the possibility of private investment a year later.

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