Specialisation, PNL’s prescription against the crisis

When the market weakens PNL continues to specialise at the parcel market in the Nordic countries. The result has been quick growth and a record result. 

PNL has during the last four years increased its turnover with approx. 13 per cent per year.  At the same time the marked has grown with approx. five per cent per year. PNL has grown significantly faster than the parcel market in general. During 2008 the turnover increased with 15 per cent to 1,767 million SEK (1,533) and the result before tax more than doubled to 111 million SEK (54).

An important explanation to the improvement is that PNL is totally focused on the Nordic parcel marked and thus has built up a high competence in this specific field of business. Furthermore PNL benefits from the increasing interest in e-commerce which consequently increases the need of parcel deliveries.

Offensive efforts increase the capacity and effectiveness
At the same time PNL is investing significantly to further improve its network. In March a new, modern main terminal was in operation. The terminal can handle more than twice as many parcels as its predecessor. Another new terminal was in operation at 1st April, this time near Copenhagen airport. The terminal is the hub in the Oresund region.

Soon to become Bring
Next step in PNL’s development is to become part of Bring during third quarter of 2009. Posten Norway created the Bring brand during 2008. Bring consists of six Nordic specialists which are leaders within their respective areas: Bring Logistics, Bring Express, Bring Citymail, Bring Mail, Bring Frigoscandia and Bring Dialogue.

For more information, please contact:
Benny Rhe Hansen, CEO, Tel: +45 7028 6025, cell: +45 4030 5588
Jeanette Jorgensen, Vice President Information, Tel: +45 7028 6026, cell: +45 2170 8170

Pan Nordic Logistics (PNL)
Pan Nordic Logistics (PNL) is the Nordic region’s leading logistics company on the parcel market. We offer unique logistic solutions to companies with transport needs for parcels and pallets to, from and within the Nordic region. Thanks to our comprehensive network and international partnerships, we reach companies and private individuals in 191 countries across the world.

Our solutions are called CarryOn and are characterised by huge flexibility. By always starting with our customers’ needs and using these to create physical and electronic products and services, we do not just deliver shipments, but also security and additional value.

PNL is owned by Posten Norge and cooperates closely with postal companies in Estonia, Denmark, Finland, the Faeroe Islands, Greenland, Iceland, Poland and Sweden. The company was established in 1997 and currently has approximately 190 employees in Denmark, Finland, Norway and Sweden. The head office is located in Stockholm. During 2008, turnover was SEK 1.8 billions. More information is available at www.pannordic.com