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Francotyp-Postalia Holding AG — M&A Activity 2007
Jun 29, 2007
162_rns_2007-06-29_5f4de567-3d27-49c9-ad7e-d70ee653b9d2.html
M&A Activity
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Corporate | 29 June 2007 17:25
Francotyp-Postalia Holding AG: Francotyp-Postalia completely takes over the sales in Northern Germany
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.
Birkenwerder, June 29th 2007
The Francotyp-Postalia Holding AG herewith announces, that
its German subsidiary, the Francotyp-Postalia Vertrieb und Service GmbH,
and the dealer companies Franck & Nennecke GmbH & Co. KG and hadeler
postbearbeitung, holder: Bernd Kammeyer, separated today. Henceforth,
Francotyp-Postalia will take over the entire direct sales business in
Northern Germany and thus clearly expects a positive impact on cost
structure.
'Now, we are in a position to turn our long time prepared strategy for
Northern Germany into practice. That makes it possible to intensify our
customer retention,' said Hartmut Neumann, CEO.
Thus, the Francotyp-Postalia Group increases its direct sales business in
Germany by more than 10 % and strengthens its market position.
If you have further enquiries, please contact:
Francotyp-Postalia Holding AG
Media 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]
DGAP 29.06.2007
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
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, München, Düsseldorf
End of News DGAP News-Service