Tag: Sweden

Posten – Sales advance despite weakening economy

Posted by | Aug 21, 2008 | |

Posten interim report January-June 2008

– Net sales totaled SEK 15,595m (15,062)
– Operating earnings totaled SEK 1,165m (1,388)
– A strong financial position put the equity-assets ratio at 39pct (36pct)
– On June 18, the Swedish parliament adopted the government’s proposal to merge Posten with Post Danmark, and on June 12 the Danish parliament approved the merger
– Lars G Nordström was appointed new President and CEO

Posten’s net sales increased 4pct, mainly as a result of the acquisition of Tollpost Globe. Posten Logistics experienced organic growth of 9pct, while net sales increased 24pct including Tollpost. Stralfors’ operations in information logistics and graphics reported growth of 11pct. However, net sales for Posten Messaging fell again in the second quarter, decreasing a total of SEK 192m, or 2pct, during the first half of 2008. It is uncertain how much of a slowdown the economy will undergo and how that will affect the volumes in Posten’s core operations. However, we predict the negative trend in volumes will continue, mainly in mail operations as substitution accelerates. We are also encountering intensifying competition from international players in all core operations and across all markets where we are active.

Operating earnings totaled SEK 1,165m, SEK 223m less than for the same period the preceding year. Weaker operating earnings were attributable to lower sales for Posten Messaging and to increased costs of transportation and personnel.

1 USD = 6.37877 SEK

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Ingram Micro chooses PNL as their logistics partner

Posted by | Aug 19, 2008 | |

Since 2007 PNL has distributed more than one million parcels for Ingram Micro in the Nordic region. The agreement, which is one of the most extensive shipment agreements in the Nordic region, will be renewed for one more year.

Ingram Micro sends more than one million parcels per year from their Nordic main storage in Rosersberg. The main part of their distribution takes place in Sweden, but Denmark is a close follower. PNL is responsible for all Nordic distribution, including return shipments, which results in ten trucks per day.

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Norwegian IT services provider TeleComputing ASA lands 5-year IT On Demand contract from Itella Information AB

Posted by | Aug 18, 2008 | |

Norwegian IT services provider TeleComputing ASA said on Wednesday (13 August) that it has secured a five-year contract for IT On Demand services from the the Swedish information logistics services provider Itella Information AB.

Itella Information is a Swedish subsidiary of the Finnish postal services group Itella Group (formerly Finland Post).

The contract, valued at an estimated SEK13m (USD 2.03 million) covers all of Itella Information’s IT and related services, as well as support and data communication.

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UK Mail Costs Priced Daily by Swedish Software

Posted by | Aug 4, 2008 | |

21grams iSort product utilises the commercial offerings from the various postal operators and optimises the mail on a day by day basis to minimise postal costs by splitting a particular day’s posting the most cost effective way between the different postal operators and tariffs available at that time.

iSort is a ‘soft’ solution that sits in the mail creation process and sorts the mail electronically into the cheapest solution before its sent to the printer. Then it simply comes off the printers and inserting machines in the correct order and is ready for the post.

iSort is already success in its home country of Sweden, and Swedish business is benefiting with optimised and cheaper mail on a day by day basis. Currently 10 pct of all Swedish mail goes through iSort customers today.

iSort beat over 100 other technical innovative products in the mail industry this year to win the Global Mail technology award in Budapest in June. As well as the Swedish and UK home markets, iSort is being released into the German and Dutch markets in 2009. There is also an international product for optimising overseas mail going to multiple overseas markets.

21Grams are currently offering free analysis of mailing lists to businesses to allow them to benchmark their costs against the various UK postal solutions and to show just how cheap post really could be using this technology. Postal discounts and cheap business mail are the order of the day for every business in the current economic climate.

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