GeoPost Group Press Releases
GeoPost announces a consolidated turnover of 3.668 billion euros in 2011
Paris, 12th March 2012 - GeoPost, subsidiary of the French La Poste Group and a major player on the European market, generated a consolidated turnover figure of 3.668 billion euros in 2011, excluding exchange rate and perimeter variations, up by 6.6% compared to 2010, in a very competitive market.
GeoPost, positioned on the Express market in France and Europe, recorded a 6.8% volume increase in total, and everywhere except in southern Europe, which has been affected by the economic crisis. The price effect was slightly negative.
In 2011, GeoPost acquired several companies: Iloxx in Germany, a controlling stake in DPD Laser of South Africa, and increased its stakes in Seur of Spain and Lenton in Hong Kong.
GeoPost has a business model that allows it to profit from growth in activity to create cost savings – a sign of its robust condition.
About GeoPost
The GeoPost Group consolidates the Express service subsidiaries of the La Poste Group and is a major player in express services in Europe, as shown by its top ranking road transport network, DPD. GeoPost operates in over 230 countries on behalf of over 300,000 customers worldwide and is n°1 in France and n°2 at European level on the express parcel market with a consolidated turnover figure of 3.668 billion euros in 2011.
