Post the face of declining mail
Posted by admin | Under events, finance, international, resources, technology Saturday Mar 13, 2010Stabilize the turnover of The Post in 2010, despite declining mail. That is the goal of President Jean-Paul Bailly, who surrendered Thursday at conservative projections. 2010 is a key year for the group, became a company limited by shares on 1 March in anticipation of a capital increase of 2.7 billion euros, funded by the State and the Caisse des Depots.
The past year has finally been better than expected. Jean-Paul Bailly talks about a "beautiful resistance group in a rather difficult year." The Post has achieved 395 million euros of savings and leaving only three have been replaced. The financial structure remained "almost stable", even if it is "extremely fragile", with net debt of 5.5 billion euros to 4.1 billion euros of equity.The State has hit 105 million euros in dividends, and postal workers have been entitled to 221 euro bonus incentive.
For 2010, "the situation remains fragile," says Jean-Paul Bailly. The situation of the post, which represents 53.8% of sales group, will not improve. Last year, the volume decline (- 5.3%) has accelerated, and 2010 will be the same vein. "We continue to believe that the decline is structural, perhaps with the exception of a small part that is direct marketing," warned the president of La Poste unsecured personal loans .He offset this decline with the development of La Banque Postale and recovery of the parcel and express services.
Mailbox Secure
To learn more, it was not until the next board meeting in mid-April, and the presentation of what management calls its "financial trajectory. It is the strategic plan of The Post in 2015. It will support the recovery of the group before the arrival of the Deposit capital. One thing is certain: The Post must find new sources of growth. She is preparing to launch an offer for mobile phone (our editions of Wednesday), in partnership with a telecommunications operator to limit investment.Jean-Paul Bailly has announced yesterday the launch of Digiposte a secure mailbox on the Internet, where the goal is to eventually receive all their mail management (invoice, bank statement, pay slip …). In late March, The Post Bank will also launch in the consumer credit. "2010 will be a very important year in terms of innovation," promises Jean-Paul Bailly, in all trades.