Many postal first half performance slowed intends to push new measures to increase revenue and reduce expenditure

Recently, many postal operators in the first half of the annual report disclosure, in the economic slowdown in the growth of the environment, most earnings results in general, part of the national postal operator lowered its full year earnings, and introduced new measures to increase revenue and reduce expenditure.
The latest data post group Belgium publishs shows, 2013 1-6 month, 0.5% to 1235000000 euros in revenue growth, net profit growth of 3.1% to 181500000 euros. But pre tax income fell to 282400000 euros, down 2%.
Singapore Post published 2013-2014 fiscal first quarter (4-6 months) reported, revenue growth of 32% to 201300000 Singapore dollars. Because operating costs increased by 39.5% more than income growth, the company net profit fell 2%, to $37300000.
"The market environment and the changes expected in 2010 to set the development strategy of great -- the economic crisis continues, the development speed is still in the doldrums. In addition, the mail volume compared to 2008 decreased by about 20%. Now is the time to rethink strategies." The outgoing French postal chief executive Jean-Paul Bailly said.
In view of the European economy form, mail volume decline and other reasons, the French post has decided to reduce its over the next five years financial goals, try to develop by the financial industry and package industry to make up for the mail business profits decline. In the new 2013-2018 "strategic plan", the group put forward the "steady growth" -- by 2018, operating profit reached 740000000 euros, operating income increased 1.8% to 24000000000 euros in moderation, profit rate showed a slightly increased.
The national postal overall revenue growth, strong growth but parcel service situation. Many postal operator said, parcel service and strong development and production capacity, can effectively make up for the national finance down to reduce post public service support and mail volume.
Belgium postal express, 17% growth companies parcel service income, increase the income of 16800000 euros. In addition, the Belgian post early in the acquisition of Usa Inc Landmark Global, the company business income contribution of 16900000 euro package.
Singapore Post also said, the main driving force of revenue growth from the international e-commerce growth is still the company's. The first quarter, the mail (including package) income grows 13.7%, reach 114700000 dollar. This is mainly due to the international e-commerce package business growth, as well as a comprehensive integration of related business.
The Italy post, the situation is the same. The first half of 2013, its core postal business revenue fell 4.8% to 2280000000 euros, operating profit fell 49% to 154000000 euros. The express package subsidiary SDA is the development of good. 4.4% to 232000000 growth in the first half of the business income, operating losses by half, to 13500000 euros.
The expansion of e-commerce trend will continue, said Jean-Paul Bailly, the French postal focused e-commerce and terminal delivery, is a historic chance. The company is also considering how to make the branch network to better attract consumers, and provide more new products and services.
The national postal service have been put forward to increase revenue and reduce expenditure strategy. Belgium postal through continued to improve productivity and reduce operating costs to stabilize the performance of the company. The company points out, all the productivity gains plans have been on the right track, and achieved the expected results.
The Belgian post expects, the year 2013 will maintain a stable business income. In the mail business, expects the economic environment will continue to have a negative impact on advertising and customer profitability, which leads to a decrease in the amount of domestic mail. In contrast, the growth of electronic commerce will further increase the amount of package.
Singapore Post CEO Wolfgang Baier said, through targeted investment, improve the production efficiency and cost management efficiency and other measures, to continue the expansion of business. The next few years, will invest $1 over for service improvement and increase productivity.
The French post will be the next step in strategic pillar, will the company into a domestic best family and neighbors the best distribution services, retail and the most outstanding global express parcel service provider. The French postal plan annual investment of 1000000000 euros for the development of the business, including the expansion pack network.
MYEX Minya Express International
2013-09-09