Tag: Seur

Spanish Seur Posts 256.1 Mln Euro Turnover H1 2004

Posted by | Oct 14, 2004 | |

Spanish express mail courier Seur Internacional Express S.A posted a turnover of 256.1mln euro ($316.5 mln) for the first half of 2004, an 8.1 pct year-on-year increase, the company said on October 14, 2004.

The increase was mainly due to the 23 pct year-on-year rise in international shipments between January and June 2004 after the alliance with French parcels company Geopost, a unit of French state-owned postal service Le Poste. In July 2004, Geopost acquired 12.5 pct of Seur from the Spanish company’s founder Justo Yufera.

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Spanish Courier Sector Eyes 5.8 Bln Euro Turnover 2004

Posted by | Sep 14, 2004 | |

Spanish courier service sector forecasts a turnover of a total 5.8 bln euro ($7.1 bln) for 2004, up 10.9 pct year-on-year, Spanish consultancy DBK said on September 14, 2004.

Spain’s courier sector eyes a 9.0 pct year-on-year increase in turnover to 6.3 bln euro ($7.7 bln) in 2005.

The turnover increase in both 2004 and 2005 will be partly due to the improved consumer confidence in delivery services.

DBK has also detected a tendency of mergers between courier firms in Spain, targeted at strengthening of the companies’ positions on the domestic market, at entering new markets or at gaining bigger clients and starting complementary services.

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Seur Espana / GeoPost: a model partnership

Posted by | Jul 9, 2004 | |

Seur Espana’s recent alliance with GeoPost, the express delivery arm of La Poste, will allow the French company to gain a presence in the Spanish parcel delivery market. For Seur, GeoPost’s support should help it achieve its ambitious sales goals. The joint venture could be a useful model for other foreign players seeking to enter the Spanish market.

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

Posted by | Jul 5, 2004 | |

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.

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Spanish competition commission approves La Poste purchase

Posted by | Jun 12, 2004 | |

The Spanish competition commission has authorised the purchase of 12.8 per cent of courier company Seur by French postal service provider La Poste. La Poste, which is owned by the French government, has paid 90m euros for its share in Seur and acquired 60 per cent of the company’s Madrid franchise, the largest branch in the Seur network.

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