Spain’s Correos has predicted “significantly higher” revenues for 2006 from its 2,000-strongnetwork of post offices thanks to “the increasing product and service diversification offered to
users”.Postage sales to the end of November were up 3.7% to almost EUR 420 million, said thestate-owned postal operator, while sales of envelopes and packages rose 22.5% to over EUR 4 millionand registered mail 18.4% to EUR 8.5 million.
Similarly improved takings from private postbox contracts, resent mail and pre-paid envelopeslifted overall sales from the network to more than EUR 450 million, which would have representedover a fifth of the group’s EUR 2.1 billion revenues in 2005.
Correos also announced a large rise in the number of bill payments the post offices made forclients last year, over 3.2 million transactions, one million more than in 2005, a year-on-yearincrease of 68%.
