Corporate | 4 July 2007 07:30
Francotyp-Postalia Holding AG / Alliance/Contract
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.
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Birkenwerder, July 4, 2007
Francotyp-Postalia subsidiary freesort and Siemens conclude cooperation
agreement
- freesort and Siemens IT Solution & Services serve consolidation market
together.
- freesort now present nationwide via three further sites in Germany.
- freesort 's consolidation volume will rise by 1 million letters per
month thanks to cooperation.
Birkenwerder – The subsidiary of listed Francotyp-Postalia Holding AG,
freesort GmbH, and Siemens IT Solution & Services GmbH & Co oHG (SIS)
concluded a cooperation agreement in the area of consolidation business. In
the future they are to service the German consolidation market together.
With three sites in Berlin, Fuerth and Cologne which SIS brings in,
freesort is now nationwide present. With these sites, freesort has already
exceeded its goal of opening eight sites in 2007, without having to lay out
initial costs for new infrastructure. Due to the cooperation with SIS,
freesort’s consolidation volume will rise by 1 million letters per month.
The nationwide consolidation allows to gain new major customers, increase
sales efficiency, generate higher economies of scale at the individual
consolidation centres and improve customer retention.
'We are very pleased about the cooperation with Siemens. Thanks to the
cooperation it is possible for us to bundle our technical and sales
expertise and thus to increase freesort’s margin and profits', said Hartmut
Neumann, spokesman of the Francotyp-Postalia Holding AG Management Board.
'We have come a good way closer to achieving our goal for 2007 of a volume
of over 100 million letters and to break even.'
In May 2007, freesort GmbH, which operates in the consolidation business,
had opened their sixth branch. Thus, after the opening in Leipzig this year
in February and now via the cooperation agreement with SIS, freesort has a
network of nine sorting centres in Hamburg, Berlin, Leipzig, Fuerth,
Stuttgart, Frankfurt am Main, Frechen, Cologne and Dusseldorf. The opening
of two centres in Hanover and Munich is still planned for this year. In the
medium term, freesort is aiming for a 25% market share in Germany.
Presently, Siemens IT Solution & Services operates print centres at the
sites in Berlin, Fuerth and Cologne. In cooperation with freesort, in
addition to printing services SIS now also offers consolidated delivery to
Deutsche Post AG. SIS plans to build further sites with printing centres.
In the future, freesort and SIS will provide their medium and high-volume
postage volume customers with a common network of sorting centres which
will operate Nationwide.
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: ir@francotyp.com
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: pr@francotyp.com
DGAP 04.07.2007
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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: ir@francotyp.com
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
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