Tag: Spain

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.

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Spanish Seur continues to improve

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 8.7percent 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 8percent of total revenues at E43.4 million.

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IPC UNEX results 2004

Posted by | Mar 4, 2005 | |

External Quality of Service Monitoring,Improving the Quality of International Mail.
Quality of service among Postal operators in Europe continued at a high level in 2004 in spite of restructuring and change management demands on postal operations preparing for postal liberalisation. Overall, IPC members delivered 93.7 per cent of first class international letters in Europe within three days of posting (J+3), and 98.4 per cent within five days (J+5). Average delivery time was just 2.2 days.
Quality of service performance was measured by IPC’s UNEX end-to-end monitoring
system. The results show that both speed (J+3) and reliability (J+5) were again far above the European Union’s (EU) performance objectives for delivery of 85 per cent of intra-EU mail within three days, and 97 per cent within five days.
P:LibraryPostalIPC 2004_UNEX_Results.pdf

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Pro-Liberalisers urge more vigilance from national regulators

Posted by | Mar 2, 2005 | |

National regulators need to be more zealous in applying the 2002 postal services directive, the pro-liberalisation Free and Fair Post Initiative (FFPI) says. “The current situation is far from satisfactory in most member states” as anti-trust probes are “especially rare”, FFPI president Philippe Bodson said in a recent open letter to the European Commission. He wants regulators to pay more attention to price-fixing and cross-subsidisation, the practice where postal operators use profits made in the monopolised sector to fund parts of its business competing on the open market. Mr Bodson said the Commission’s “track record in this field is encouraging” and urged it to continue actively investigating anti-competitive behaviour.

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Transportes Azkar targets 8 pct sales, EBITDA growth in 2005 vs 2004

Posted by | Feb 28, 2005 | |

Transportes Azkar SA said it is targeting sales and EBITDA to grow 8 pct in 2005 from 2004, when sales rose 12 pct to 315 mln eur from a year earlier on an 8.39 pct rise in EBITDA to 43 mln eur.

In a presentation, the logistics group said it expects 2005 pretax profit to grow 15 pct compared to previous forecasts for 12-14 pct growth, while increasing its investments forecasts for this year to 25 mln eur from the previous 15-20 mln eur earmarked.

In a separate statement, Azkar said net profit fell to 16.6 mln eur in the full year to Dec 31 from 18.5 mln a year earlier, due to 1.36 mln eur less of one time gains booked in 2004.

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