Corporate | 4 October 2011 14:03
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Francotyp-Postalia Holding AG / Key word(s): Product Launch/Market Report
Corporate News Francotyp-Postalia receives approval in France Birkenwerder, 4 October. Francotyp-Postalia GmbH, a subsidiary of Francotyp-Postalia Holding AG, has received approval from the French postal service La Poste for the mymail, a franking machine for low mail volumes. The FP-Group can thus launch franking machines in the largest European franking machine market. In line with the legal regulations, franking machines in France may only be leased. The Management Board is therefore not expecting any large effect on revenue and earnings in 2011, since leasing is successful on the basis of recurring income and on a medium and long term basis. Consolidation of worldwide position The FP Group is benefitting from a streamlined approval procedure by the French postal service and in this way achieved a swift approval for the franking machine. With approx. 230,000 franking machines installed, France is the largest market in Europe. Like the American market, this is exclusively a rental market. 'In the coming year, we will expand our sales in France, so that we can structure our market launch successfully,' commented Andreas Drechsler from the FP Management Board. 'As in other countries, our top priority is to provide excellent service to convince French customers of the benefits of long-term cooperation.' In France, the FP Group will also concentrate on the small and medium-sized machine segment. While in the area of large mail volumes, digital solutions are being used increasingly, the market for smaller mail volumes is stable. 'With the market entry in France, we want to consolidate our worldwide position in the traditional franking business,' Drechsler continued. The mymail is the smallest franking system in the FP Group's product range. The outstanding feature of the machine is a very simple operation. It can be reloaded via an internet connection, and prints advertising motifs and individually programmable text messages on an envelope. Integrated scales automatically find the right postage.
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The FP Group in Brief Francotyp-Postalia Holding AG is the first multi-channel-provider provider for mail communications. The FP Group's range of products and services includes franking and inserting machines, the direct collection of business mail to hybrid-mail and full digital mail solutions for private and commercial users. Headquartered in Birkenwerder near Berlin, the Group's wide product spectrum enables it to provide tailored mail management services. With a corporate history that goes back over 85 years and local branches in many industrialised countries, the FP Group currently holds around 10% of the worldwide franking machine market. Today it is profiting in all its segments from the increasing liberalisation of mail markets and the trend for businesses to outsource their outbound mail processes to professional service providers. Total revenue in financial 2010 came to 147.3 million euros. Worldwide, the Group employs over 1,000 people. End of Corporate News 04.10.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Francotyp-Postalia Holding AG | |
| Triftweg 21-26 | ||
| 16547 Birkenwerder | ||
| Germany | ||
| 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 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 141200 04.10.2011 |