Tag: Sweden

Resolutions from the annual general meeting of OptiMail AB

The annual general meeting of OptiMail AB held on 10 March 2004, resolved to declare a dividend for 2003 of SEK 0.50 per share, equivalent to SEK 6.5 million. The record day for the dividend is Monday, 15 March 2003. With this record day, it is estimated that payment of the dividend from VPC AB can take place on Thursday, 18 March 2004.

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Posten AB to cut 250 administrative positions before summer

The Swedish postal services company Posten AB have announced it will reduce the number of administrative staff by 250 before the summer.

The job cuts are part of a comprehensive reorganisation of Posten’s operations initiated in 2003 and are to be effected within the central administration.

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Optimail AB unaudited annual results 2003

· Turnover for the whole year of 2003 was MSEK 307.9 (245.0)

· OptiMail’s profit after tax for 2003 was MSEK 12.0 (26.8*)

· Earnings per share for the whole year of 2003 were SEK 0.90 (1.96*)

· The Board of Directors proposes a dividend of SEK 0.50 per share

*The profit for 2002 is including capital gains (MSEK 18.4) from the sale of CityMail Sweden AB.

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Swiss Post now represented in Sweden by franchisee

Swiss Post International has granted a franchise licence to “Mail & Logistics Sweden AB”, one of Sweden’s biggest independent providers of international mailings. SPI has also been cooperating with franchisees in Spain since spring 2002 and in Asia since last summer. Franchisees enable SPI to expand in countries offering a substantial market potential. In turn, the franchisees benefit from Swiss Post’s excellent worldwide reputation as a reliable and quality-focused provider of cross-border mail services.

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