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Australian Postal Corp. Nov 08
Standard & Poors, Nov 2008
Abstract
Australia Post has three core business areas: letters and associated services; parcels and logistics; and agency services & retail products (see table 1). As well as the monopoly in the letters business, Australia Post benefits from: A strong brand name and associated customer loyalty: surveys by external market research consistently record high levels of satisfaction of private and business customers; An extensive retail network of 4,453 retail outlets: 93% of metropolitan residences and 88% of non-metropolitan residences are within 2.5 kilometers and 7.5 kilometers of an outlet, respectively; Wide delivery service: 98.7% of Australia's 10 million delivery points receive a standard letter delivery service five times per week; An efficient network: 95.9% of domestic letters were delivered on time in...
Companies mentioned in this report are: Australian Postal Corp.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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