Business Post raises mail share
First-half pre-tax profit at Business Post rose 25% as the parcels and postal delivery group increased its share of the mail handling market.
Read MoreTag: UK Mail
IMAIL – The first class post alternative set for next day delivery
Costs down by 60 per cent and carbon footprint reduced by 80 per cent
Read MoreBusiness Post launches iMail (UK)
The service will enable people to produce and pay for a letter to be sent from the comfort of their computer.
Read MoreBusiness Post grabs Amtrak contracts
Business Post chief executive Guy Buswell has revealed that its UK Mail division has picked up contracts following the demise of business-to-consumer parcel carrier Amtrak in the summer. “We got in touch with Amtrak’s administrators and offered to move the stranded parcels in the network,” says Buswell.
“We then agreed sight of the customer database, which gave us a jump-start on the competition. We did not buy any Amtrak assets – just its customer list.” Buswell says although UK Mail picked up business as a result of this move, other carriers, such as Parcelforce and DHL, also gained customers.
Parcelforce confirmed it has picked up a Kleeneze contract. DHL declined to comment. Meanwhile, Buswell says a name change is in the offing. “We’ve been thinking about changing the group name to UK Mail Group. We’ll probably decide on it in the new year, then go to shareholders next summer to be voted on at our AGM,” he adds.
Business Post Group pre-close interim statement (UK)
Business Post Group plc issued the following pre-close period trading update for the half-year ended 30 September 2008.
Performance has continued in line with the guidance provided at the Annual General Meeting on 9th July, and in line with the Board’s expectations.
The Group has maintained revenue growth, both during the second quarter and for the half-year in total. Group revenues for the half-year increased by 16.3% on the equivalent period last year.
Parcel revenues showed a satisfactory improvement on last year.
Mail business, UK Mail, achieved good growth, driven by new business wins and further mail volumes from existing customers.
Revenues in Specialist Services for the period were up significantly on last year, with new contracts driving a strong improvement in our Courier business.
Business Post Group plc will report its interim results for the six months ended 30 September 2008 on 19 November 2008.
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