Tag: Worldwide

Deutsche Post hit by weak DHL Express US prospects

Posted by | Mar 14, 2006 | |

Deutsche Post, forecast flat operating profit for 2006 on Tuesday and gave a weak oulook for its DHL express division that sent shares sliding. The group said it expected 2006 operating profit at the express division to be unchanged from 2005, before an impairment loss on goodwill that brought the divisions profit down to just 11m last year. Shares fell 4.9 per cent to 21.65. Deutsche Post has grown through acquisitions, including of DHL and Airborne in 2002, to be the worlds largest logistics company. But it faces tough competition in the US from dominant rivals FedEx and UPS, and last month abandoned a target for DHLs US package delivery business to break even by the end of the year.

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Deutsche Post Posts Gain in 4Q Earnings

Posted by | Mar 14, 2006 | |

Deutsche Post AG, parent of the DHL express-delivery service, has said its fourth-quarter profit rose 25 percent but warned its operating profit likely would be flat this year because of the costs of integrating recent acquisitions.

Bonn, Germany-based Deutsche Post, which is the world’s largest global delivery company, earned 891 million euros (USD1.06 billion) in the quarter that ended Dec. 31, compared with 708 million euros in the year-ago period. The earnings mirrored the preliminary figures it released last month. Sales rose 5 percent to 12.08 billion euros (USD14.4 billion).

For the year, net profit rose 40 percent to 2.24 billion euros (USD2.67 billion) from 1.6 billion euros, while sales rose 3.3 percent to 44.59 billion euros (USD53.2 billion) from 43.17 billion euros.

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Deutsche Post sees 2006 EBIT at least 3.7 bln eur vs 3.755 bln yr-earlier

Posted by | Mar 14, 2006 | |

Deutsche Post AG said its 2006 EBIT will reach at least 3.7 bln eur, down from 3.755 bln eur last year due to stagnating sales at its mail division.

It said sales will exceed 60 bln eur this year, up from 44.594 bln eur.

The German mail carrier will pay out a 2005 dividend of 0.70 eur per share, up from 0.50 eur the year earlier.

Deutsche Post said the Mail division’s EBIT will remain stable at 2.0 bln eur.

At the Express division, EBIT is expected to reach 445 mln eur before impairment charges.

The Logistics division is expected to post a profit of around 500 mln eur, while Financial Services’ EBIT will reach at least 900 mln eur.

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Poste Italiane Renews Contract With MoneyGram

Posted by | Mar 13, 2006 | |

MoneyGram, a leading provider of global money transfer service, has announced that Poste Italiane, the Italian Post Office, has renewed a multi-year agreement with the company. Poste Italiane is a major agent for MoneyGram in Italy.

Poste Italiane first began offering MoneyGram’s money transfer service in 2001. The service is now available in more than 9,000 locations and Poste Italiane plans to make it available in another 4,000 post office locations across the country.

“This renewed agreement underlines Poste Italiane’s attention to urgent money transfer,” said Marco Siracusan, marketing director, BancoPosta Division of Poste Italiane. “We are working with MoneyGram, focusing on activities customized to immigrants. Together we are planning different marketing strategies targeted to specific ethnic groups.”

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Development of competition in the European postal sector

Posted by | Mar 6, 2006 | |

Postal sector regulation and postal sector policy

Forces governing competition (Porter analysis, contestability of markets)

The universal postal operator: facts, figures, strategy

Competitor postal operators and effect of competition on market structure and
market performance

Regulatory framework, liberalisation and access regulation

Market size of the postal sector and country information

Facts and figures for the national postal operator (US provider)

Competitor postal operators and market structure of the postal sector

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