Tag: Switzerland

Swiss Post once again achieved good results in 2006. At 837 million francs, Group profit was 26 million francs up on the prior-year figure (811 million francs). All segments once again ended the year in positive territory. By adjusting its organizational structure, Swiss Post now intends to support its sustained growth and enhance its innovativeness. With this aim in mind, Swiss Post is to bundle its innovative and electronic new businesses in Switzerland and abroad in a new Group unit named “Business Customer Solutions” and managed by Frank Marthaler, currently Head of Strategic Customer Management. He will be appointed a member of Executive Management as of 1 July 2007. In addition, Head of the PostLogistics Group unit Michel Kunz will also take over the management of PostMail as of 1 December 2007. Josef Bösch, the current Head of PostMail, will retire on this date.

In financial year 2006, Swiss Post generated Group profit of 837 million francs, an increase of around 3.2 percent or 26 million francs on the prior-year figure (811 million francs). Operating income rose by around 5 percent year on year to 7,895 million francs (2005: 7,499 million francs). In addition to the acquisition of the GHP Group and MailSource Inc. in the USA, the main contributors to the growth in sales were the Financial Services (PostFinance) and International segments. Equity continued to increase, but despite reaching 1,605 million francs (2005: 922 million francs) remains out of line with the industry.