New Zealand Post 2013-2014 fiscal year to achieve profit growth

New Zealand Post recently announced its fiscal year 2013-2014 business performance, the parcel business income more than letter business income for the first time, achieve profit growth.
New Zealand Post performance due to last year issued the "delivery of the future" five years of strategic planning, planning goal is to reform the group, response to the letter and the decline in the volume of financial business and the parcel business brings profit growth opportunities of the situation.
As of the end of 2014 6, New Zealand Post income fell slightly to 1661000000 New Zealand dollars, but spending sharply NZ $1505000000, operating profit last year from NZ $163000000 to $187000000 in new zealand. In addition the company sold last year Datacom won 72000000 New Zealand dollars income, group sales net profit last year from NZ $111000000 to grow to 124000000 New Zealand dollars, an increase of 11%.
New Zealand Post CEO Brian Roche said, the business performance improvement is an affirmation of corporate strategy, the company began to steady profit. New Zealand Post will continue to change from the traditional postal service business enterprise, and will make further development in this year. In general, the delivery of business (mail and logistics) 2014 performance is good, and the proportion of income increase, this year the plate the proportion of income in the income distribution appears on the historical transformation.
Brian Roche also said, in the New Zealand Post history, packets and parcels over letters income income for the first time. This is the New Zealand Post historic moment, necessity also highlight new zealand post reform. The company will continue to invest in a comprehensive package, logistics and mail business, non company all retail outlets transfer "shop", continue to slump for the package and electronic business point of growth in the amount of letters.
New Zealand Post report shows, mail and parcel of income from last year's 767000000 New Zealand dollars down to 2013-2014 years of NZ $713000000 compared with a year ago, but the loss of 31000000 New Zealand dollars this year, pre tax profit of $20000000 in new zealand. New Zealand Post unpublished income accounts, but said the company annual delivery of 690000000 pieces of mail and 27000000 parcels, express courier company also delivered 33000000 pieces express parcel. New Zealand Post domestic mail volume in 2014 fell about 7%, to 642000000, is expected to three years will be reduced to 500000000 per year or less.
MYEX min Asia International Express
2014-09-22