e-monitor Special Feature 31 May 2006

   
New listing: Österreichische Post AG part of the prime market

 


As of 31 May 2006, Österreichische Post AG has been included in the prime market of Wiener Börse. The offer price for the Post share was set at EUR 19.00. The first price was EUR 20.90. [» current price information].

About Österreichische Post AG

Austrian Post is Austria’s leading postal service provider. In 2005 the portfolio of business activities was grouped into Mail, Parcel & Logistics and Branch Network divisions. The Mail Division comprises three business areas: Letter Mail (letters and postcards), Infomail (addressed and unaddressed direct mail) and Media Post (newspaper and magazine delivery). The Parcel & Logistics Division is responsible for all parcel and express services. The Branch Network Division operates one of Austria’s largest nationwide retail chains, with 1,338 company owned branches and 612 third-party operated outlets.

The company has undergone a major transformation over the past few years. It has radically refocused on quality — in the logistics that support its services, in its innovative product portfolio and in its customer-facing services. Both the optimised process chain that maintains its nationwide coverage and its 11,300 delivery staff make important contributions to its high quality and service standards. Austrian postmen and women reach every delivery point in the country, every day.

These achievements are reflected in the company’s financial performance. Consolidated revenue grew again in 2005, by 2.9% to EUR 1,701.6 million (m), and there were more marked improvements in earnings. EBITDA rose by 10.2% to EUR 223.8m, and EBIT by 25.3% to EUR 103.0m.

Austrian Post is a modern, efficient, customer-driven service provider, and a profitable enterprise.

Highlights of 2005

  • Positive earnings contributions from all divisions

  • Further progress towards international networking, and a joint venture agreement with German parcel specialist trans-o-flex

  • Remaining 25% of feibra Austria acquired as well as feibra Hungary (unaddressed advertising)

  • Logistics centre construction and modernisation programme proceeded to schedule: new Villach sorting centre inaugurated in September 2005

  • New Vienna South parcel sorting centre commissioned; Austrian Post’s logistics network is one now among the most modern in Europe.

For more information please visit: www.post.at and www.wienerborse.at

 
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