Tag: UK Mail

Business Post strikes new blow to Royal Mail with demand for split

Posted by | Nov 15, 2007 | |

One of Royal Mail’s rivals is to petition the Government to break up the state-owned postal group, in an escalation of pressure for change from its competitors.

Business Post made the call as sales at its mail division, which competes with Royal Mail, rose 59 per cent. The company argues that last month’s Royal Mail strikes have made more people aware that there is a competitive postal market.

Guy Buswell, Business Post’s chief executive, is to make a formal request to the Department for Business for Royal Mail’s network to be separated from its sales operation in January. By then it intends to produce a detailed paper with outside consultants.

Mr Buswell said: “The Government must be wondering what to do with Royal Mail. If the network were separated from sales, it would end the questions of what is Royal Mail’s future. We want to help start the debate.”

The call for change will come as the term of Allan Leighton as chairman draws to a close. The Government could use the change to make substantial changes. Rivals want the business to be split so that there is no conflict of interest between Royal Mail’s sales operation – their competitor – and its network, which they have to use for the final mile of the delivery of post.

The postal regulator is considering the implications but has no powers to order a split. Royal Mail may offer to present separate sets of accounts, but that is unlikely to satisfy its rivals.

Read More

Business Post Group: Interim Results 2007/08 (Unaudited)

Posted by | Nov 14, 2007 | |

Highlights

– Group revenues up 9 pct to GBP 167 m (2006: GBP 153m)
– Group revenues excluding Federal Express up 15pct
– UK Mail Revenues up 59 pct to GBP 60m (2006: GBP 37m)
– Profit before tax (before exceptionals) up 50 pct to GBP 4.8m (2006: GBP 3.2m)
– Profit before tax up 182 pct to GBP 4.8m (2006: GBP 1.7m)
– Interim dividend of 6.4p per share (2006: 6.4p)

Guy Buswell, Chief Executive said:

“We have seen a significantly improved Group performance compared to a year ago, with like-for-like revenue growth of 15pct and profit before tax (before exceptionals) up 50pct. This has been driven primarily by further very strong growth in UK Mail, good performances in the business-to-business segment, which makes up 80pct of our parcels business, and in our pallets business. In UK Mail we continue to win significant new business, including Abbey, HBOS, and Virgin Media.

We are making good progress in changing and improving the way in which we both market and operate. Central to this is the greater integration of our businesses – particularly mail, parcels and courier – and the introduction of new products and services. The advancements we are making bode well for the future.”

Read More

Business Post Group plc Interim Results 2007/08

Posted by | Nov 14, 2007 | |

Business Post Group plc Interim Results 2007/08

Group revenues up 9% to £167m (2006: £153m)
Group revenues excluding Federal Express up 15%
UK Mail Revenues up 59% to £60m (2006: £37m)
Profit before tax (before exceptionals) up 50% to £4.8m (2006: £3.2m)
Profit before tax up 182% to £4.8m (2006: £1.7m)
Interim dividend of 6.4p per share (2006: 6.4p)

Read More

UK Mail Awards 2007 winners announced

Posted by | Oct 31, 2007 | |

Once again top executives connected to the postal industry waited with bated breath on Tuesday night to see if their year’s hard work would be recognised and rewarded in front of 300 of their peers. The winners of the prestigious 2007 UK Mail Awards were announced at the annual gala dinner in London, attended by many of the leading representatives from the UK’s postal industry.

This was the fourth presentation ceremony of the Mail Awards, designed to recognise and reward best practice, across all parts of the industry. Entries were open to any UK-based postal operator, service provider or mailing agency. Presenting the awards at the Novotel London West, under eight different categories, was diving explorer and adventure journalist, Monty Halls.

All awards were selected by a distinguished panel of judges, independent of the sponsors and organisers, who met on Monday, the day before the ceremony itself, to determine the winning application from the many entries received in each category.

The winners of the UK Mail Awards 2007 are:

Corporate Social Responsibility – sponsored by Triangle
CitySprint for its Environmental Programme

Database Management – sponsored by Royal Mail
Datalytics for its EMAP Consumer Media (ECM) Subscription Retention project

Digital Print
WDMP for its Thomson Holidays – Anniversary Mailing

Downstream Access – sponsored by Royal Mail Wholesale
UK Mail

Innovation – sponsored by PA Consulting Group
Royal Mail for its Personalised Integrated Media (PIM) campaign powered by Sony DADC

Marketing Campaign – sponsored by Citipost
Royal Mail for its Stoplateness campaign

Mail Centre of the Year – sponsored by UK Mail
Bradford Mail Centre

Technology – sponsored by ME news
BFPO for its e-bluey technology

The organisers, Triangle, would like to publicly congratulate the winners, and also thank all the people and companies in the postal industry who entered, sponsored, judged and attended this year’s UK Mail Awards.

Read More

Business Post – Pre-Close Period Trading Update

Posted by | Oct 4, 2007 | |

Business Post Group plc today issues the following pre-close period trading update for the six months ended 30 September 2007.

Group revenues for the first half of the financial year increased by 9% on the equivalent period last year. As previously announced, the Parcels contract with Federal Express terminated on 30 April 2007. Excluding the revenues from this contract, the underlying revenue increase was 15%.

Excluding revenues from FedEx, parcel revenues are in line with last year. Good growth in the B2B market has been offset by a decline in B2C. As we have previously indicated, the B2C parcels market is becoming increasingly competitive, which is impacting Parcels margin growth in the current year.

Our mail business, UK Mail, continues to achieve strong growth with revenues in the period up by some 60% on last year. We continue to win a significant number of substantial contracts.

Revenues in Specialist Services are broadly in line with last year.

Interim results for the six months ended 30 September 2007 will be announced on 14 November 2007.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest