Posten Interim results January-September 2002
Posten Interim results January-September 2002 - Operating income for the nine months ending September 30, 2002 was SKr491m (-150), of which Messaging and Logistics and Swedish Cashier Service accounted for SKr-425m (-130) and SKr-73m (-233), respectively. Posten Group's earnings improvement is attributable to reversed provisions of SKr916m related to future losses by the cashier network. - Posten announced new rates and criteria for domestic and international postage. The new rates will take effect on January 1, 2003. - Posten's phased rollout of the new service network is proceeding according to plan. The network has been rolled out in 65 of Posten's 91 localities. - 1.6 million postal ballots, or roughly one-third of the votes tallied, were cast in this year's general elections, in line with previous years. For complete report see www.posten.se Please direct any questions Agne Pettersson, vVD och CFO, tel +46 (0)8-781 71 80 Posten's Press Service, tel +46 (0)8-23 10 10 Posten brings people together by delivering correspondence and merchandise promptly, reliably, securely, and cost-effectively. We create added value by combining traditional postal services with electronic Posten solutions, which can be integrated into our customers' businesses. Put simply, we are experts at everything between "From and To." Our primary market area encompasses the Nordic and Baltic regions. With over 3,000 service outlets, we provide daily service to 4.1 million households and 500,000 businesses. Every day we handle close to 20 million pieces of mail. With sales of approximately SEK 22 billion and roughly 40,000 employees, the group is one of the largest in Sweden. The group's parent, Posten AB (publ), is wholly owned by the Swedish state. For more information, please visit our Web site at www.posten.se. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/24/20021024BIT00510/wkr0001.pdf The Full Report