Danzas with substantially improved results
Strong partner of Deutsche Post World Net
Worldwide logistics provider Danzas had a successful 1999 business
year. Net sales rose from EUR 3004 million to EUR 4218 million. EBIT
(earnings before interest and taxes) grew by 72 percent, from EUR 29
million to EUR 50 million. As part of the Deutsche Post World Net,
Danzas will continue to pursue its growth strategy in the year 2000.
BASEL (Switzerland) (May 24, 2000) -- The Danzas Group again expanded
market share in the fiercely contested logistics sector. In 1999 the group's net
sales increased from EUR 3004 million to EUR 4218 million (+40%). Danzas
grew its EBIT (earnings before interest and taxes) by 72%, from EUR 29
million to EUR 50 million. At today's press conference in Basel, CEO Peter
Wagner cited the tightly knit, global network of branches, the international IT
network, as well as the broad range of services along the supply chain under
the roof of Deutsche Post World Net as important contributors to this
improved performance.
Partner in the world market
The main milestone came in March 1999 when Danzas became part of the
Deutsche Post World Net group of companies. It has proven an excellent fit of
two complementary partners. Under the aegis of Deutsche Post, Danzas was
able to pursue its strategic goals even faster in the 1999 business year. The
expansion program was marked above all by the acquisitions of the Dutch firm
Nedlloyd European Transport and Distribution (ETD), Swedish transport and
logistics company ASG, and the announcement of the acquisition of American
air and ocean freight specialist Air Express International (AEI). These
takeovers enabled Danzas to extend its worldwide network, fill in geographical
gaps, and improve the group's market position in all business areas. At the
same time, customers have benefited from a broader range of services and
enhancement of the group's sophisticated IT applications.
Solutions: supply chain management
The focused growth of the Danzas Group was also reflected in the results
reported by the Solutions Business Unit (Consumer Solutions, Industry
Solutions, Specialties). Solutions boosted its net sales from EUR 455 million to
EUR 823 million. A number of acquisitions and integrations (Nedlloyd ETD,
DDF Logistica, Vindo Logistik, ASG Logistics, Deutsche Post Kontrakt
Logistik) paved the way for strong improvement of the global market position.
In this business field Danzas Solutions occupies a leading position in Europe
and is one of the major providers worldwide.
Intercontinental: global player
Danzas Intercontinental expanded its business markedly in the second half of
1999. Net sales increased from EUR 1279 million to EUR 1545 million. The
acquisition of Air Express International (AEI) strengthened Intercontinental as a
global player: internationally, Danzas is now number 1 in air freight and among
the top 5 in ocean freight.
Eurocargo: No. 1 in European land transport
Despite unabated over-capacity and pressure on rates in Europe's overland
transport market, Danzas Eurocargo 1999 turned in much-improved results.
Net sales rose from EUR 1270 million to EUR 1851 million. As a result of the
integration of Nedlloyd ETD and ASG Road Transport, Eurocargo advanced
to market leader in the field of European land transport.
Fit for the future
Among providers of logistics services, Danzas now occupies a leading position
in all business areas. Danzas' goals for the current year include continued
expansion, expansion of customer services and development of e-business
solutions for the entire supply chain. Another major step is the planned
integration of AEI into the Intercontinental Business Unit. The group's ultimate
goal is to become the world's leading provider of all types of logistics services.
In doing so, Danzas is orienting itself more and more closely to the
requirements of the market and individual customers. It took an initial step in
this direction on May 1, 2000 by combining the previously separate business
units of Consumer Solutions, Industry Solutions and Specialties into a single
Solutions Business Unit.
The Danzas Group now consists of three business units: Solutions,
Intercontinental and Eurocargo. This simplification of the group's structure will
make it easier for Danzas customers to access the worldwide range of logistics
services from a single source (one-stop shopping), and at the same time opens
the way to continued improvement of productivity.
Note:
The figures for the 1999 business year include the months of
July-December for Nedlloyd ETD and the months of September-December
for ASG. The figures for AEI will be consolidated starting in the 2000
business year.
Download the 1999 results as PDF document.
Logistics. Worldwide. With a strong presence on every continent, the Danzas Group is one of the world's leading providers of logistics solutions. Its 38,000 employees worldwide generate annual net sales of CHF 11.5 billion (EUR 7.2 billion, USD 7.6 billion). Danzas is based in Basel, Switzerland, and belongs to the Deutsche Post World Net.
For further information please contact:
Patrick Kaiser
Head of Corporate Communications
Tel: +41 61 274-7181
Fax: +41 61 274-7198
Candace Bouchard
Fax: (203) 655-5895
candace.bouchard@dhl.com
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