Spanish courier firm Tourline Express grows 30% in 2005
Tourline Express, the Spanish courier firm bought by the Portuguese post office Correios last year, grew 30 per cent in 2005. It was the third year in a row that the Barcelona-based firm had grown at such a rate.
Tourline Express said in a statement that it increased revenues by 29.6 per cent to €105 million while its volumes rose 23 per cent to 6.1 million items. Growth was driven by the company’s geographical expansion across Spain and Portugal, it said. Tourline Express opened 37 new branches, taking its network to 284 franchise outlets.
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