Holland post will continue to expand the Benelux parcel service project

Recently, the Holland post announced that it will continue to expand in Holland, Belgium, the parcel business Luxemburg of the Three Kingdoms, including the construction of large parcel network, continue to restructure Holland's mail service.
Holland post plan for consumers to create a package has 3000 outlets, may receive posting parcel parcel wrapped and many new products, such as home delivery of fresh food network. At the same time, the ongoing "smooth" mail business restructuring work by reducing the cost to deal with the Holland mail volume decline also made progress.
The two quarter of this year, Holland postal service revenue growth of 3%, reached 1016000000 euros, the basic operating profit increased 24%, to 88000000 euros, the rate of profit growth of 8.7%. Net profit soared by 3000000 last year to 44000000 euros.
1% growth in the first half period income, for 2049000000 euros, pre tax profit growth of 25%, net profit reached 191000000 euros, 98000000 euros, has increased dramatically compared to last year's 37000000 euros.
The key reason for the good performance of Holland mail "strong business performance". Because of the price increase of more than the product mix effect of inflation and positive, almost entirely offset by volume plunged 11.2% letters, second quarter of mail business income fell by only 1%, 479000000 euros, thanks to cost savings of 29000000 euros, operating profit of 69000000 Euro based double.
Holland postal chief executive Herna Verhagen said, the company will continue to adhere to the Holland mail business reorganization. The two quarter, the company moved 22 warehouse, far exceeding the originally set target. The smooth implementation of the restructuring plan is also rapidly cost savings. In addition, through the entire firm's cost conscious mode to enhance the level of cost control. At the same time, the company also maintained a very high quality delivery, to enhance customer satisfaction.
Herna Verhagen said the latest, introduced in January 5 day mail delivery mode (Tuesday to Saturday) "implementation process much faster than expected," and stressed that to 2017 to save 365000000 euros worth of cost goal, the company will strive to make mail prices exceeded the rate of inflation over the next few years.
According to the new postal bill, Holland post will have the right to improve email pricing, to offset inflation and the impact of decline in the volume of mail. The bill this fall will be approved by the parliament of Holland. Holland regulators ACM will review the proposal, expected to be on the "tariff space" to make the resolution in the third quarter.
At the same time, the second quarter of the Holland postal parcel business growth is good, the package volume growth of 8.2%, revenue growth of 5%, achieve 204000000 euro. Thanks to the income growth and the improvement of operational efficiency, pre tax profit growth of 3%, amounting to 22000000 euros, 3% growth in the first half period income, amounted to 405000000 euros, EBIT stable at around 48000000 euro.
More than 80% of the package in 16 new regional warehouse processing, the new logistics infrastructure project investment of 240000000 euros, the construction of 18 warehouses, completed in 2015. The new network will shut down some of the old and small local warehouse, equipped with automated processing equipment, and cut off the late time, higher efficiency, the package can be before midnight input system, for next day delivery.
MYEX min Asia International Express
2014-09-15