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Francotyp-Postalia Holding AG — Earnings Release 2007
Dec 18, 2007
162_rns_2007-12-18_51f94fe4-0347-4959-97c3-8c1f8b37d916.html
Earnings Release
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News Details
Corporate | 18 December 2007 10:10
Francotyp-Postalia Holding AG: Strong growth in Mailstream business
Francotyp-Postalia Holding AG / Miscellaneous/Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Francotyp-Postalia Holding:
Strong growth in Mailstream business
-
freesort reaches the milestone figure of 10 million consolidated
letters in one month -
Strong growth in Mailstream business set to continue in 2008
-
FP Group expects moderate revenue growth in 2008
Birkenwerder, 18 December 2007. freesort GmbH, Düsseldorf, a subsidiary of
Francotyp-Postalia Holding AG, achieved the milestone figure of 10 million
consolidated letters for the first time in November 2007, thus increasing
the number of letters by more than 200% within a year. Freesort, a company
acquired at the end of 2006, currently operates 9 sorting centres
throughout Germany and has become one of the leading providers for the
consolidation of outbound mail in Germany. Francotyp-Postalia board member
Manfred Schwarze explains: 'We have achieved an important milestone with 10
million consolidated letters in a single month. These 10 million letters
currently correspond to a run rate of 100 to 120 million consolidated
letters'. In 2006, freesort consolidated around 35 million letters.
The positive development of the Mailstream business, which includes
outsourcing of outbound mail and hybrid mail solutions in addition to
consolidation, was recently confirmed by Francotyp-Postalia’s nine-month
report. According to the report, revenues in this segment rose by 62%
during the current fiscal year to € 6.0 million compared to € 3.7 million
in the same period the year before. For the entire fiscal year 2007,
Francotyp-Postalia is also expecting double-digit growth in this segment.
'This growth is set to continue in 2008', explains Schwarze. 'Thanks to the
liberalisation of the postal markets, we benefit in particular from
companies’ willingness to outsource their outbound mail to experts.' The
entire FP group, is expecting a moderate revenue growth in a consolidated
basis in 2008.
If you have further enquiries, please contact:
Francotyp-Postalia Holding AG
Investor Relations
Sabina Prüser
Telephone: +49 (0)3303 525 777
Fax: +49 (0)3303 53 707777
E-mail: [email protected]
Postal address:
Triftweg 21-26
16547 Birkenwerder
Germany
About Francotyp-Postalia Holding AG
Francotyp-Postalia Holding AG can look back on a corporate history of over
80 years. The focus of business activities is developing, producing and
selling franking machines and selling inserting machines. These activities
in the Mailroom division generate a high level of recurring income, which
makes up more than 60 percent of group revenues. The engine of this
revenues stability is the 248,000 electronic franking machines installed
for customers which generate after-sales business. In Germany
Francotyp-Postalia is the market leader in the franking machine business
with a current market share of 45 percent. To the end of 2006, the global
market share was approximately 9 percent. The most important markets for
Francotyp-Postalia are Germany, the USA, the Netherlands and the UK.
In addition, in the Mailstream division, postal services are provided.
These include collection, sorting and consolidation of outgoing customer
post and electronic hybrid mail, something which is gaining in importance.
In the 2006 financial year (year end 31 December), with 939 employees, the
Francotyp-Postalia Group generated consolidated revenues of approximately
EUR 143 million and EBITDA adjusted for non-recurring effects of
approximately EUR 32.2 million*, representing an EBITDA margin of
approximately 22 percent*.
*In the 2005 annual financial statements reported as pro forma figures due
to the first-time consolidation of the FP Group in its present form in
2005.
Contact:
Francotyp-Postalia Holding AG
Media Relations
Telefon: +49 (0)3303 525 777
Telefax: +49 (0)3303 53 70 77 77
E-Mail: [email protected]
18.12.2007 Financial News transmitted by DGAP
Language: English
Issuer: Francotyp-Postalia Holding AG
Triftweg 21-26
16547 Birkenwerder
Deutschland
Phone: +49 (0)3303 525 777
Fax: +49 (0)3303 53 70 77 77
E-mail: [email protected]
Internet: www.francotyp.com
ISIN: DE000FPH9000
WKN: FPH900
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service