Corporate | 1 August 2007 12:38
Francotyp-Postalia Holding AG / Change of Personnel/Change of Personnel
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Birkenwerder, August 1, 2007
Birkenwerder –Francotyp-Postalia Holding AG announced today that
Oliver Kremers (37) was appointed Chairman of the Board of Management of
its subsidiary freesort GmbH on July 26, 2007 at the company meeting. From
August 1, 2007, he will be responsible for the Controlling, Sales and
Marketing divisions.
Oliver Kremers has extensive experience, both strategic and operative, in
important areas of German post processing.
'Oliver Kremers is an ideal addition to freesort GmbH’s management', stated
Hartmut Neumann, spokesman of the Francotyp-Postalia Holding AG Management
Board. 'We believe that under his direction we can achieve our ambitious
growth and earnings targets in the short term.'
Oliver Kremers studied post and telecommunications in Cologne and Dieburg,
concentrating on marketing, company management and psychology. Before
moving to Deutsche Post AG in 2002, he worked for five years amongst others
at Deutsche Telekom AG. His last post was as sales director at Williams Lea
Deutschland GmbH, a Deutsche Post World Net company.
Martin Swart (39), a member of the freesort GmbH Management Board since
2005, is responsible for the Production, IT and Administration divisions.
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@ir@francotyp.comfrancotyp.com
Postal address:
Triftweg 21-26
16547 Birkenwerder
Germany
About Francotyp-Postalia Holding AGut 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 01.08.2007
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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, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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