Revenue growth in international mail business

Once again, the strongest growth was posted in our international business. Revenue in the Global Mail and Corporate Information Solutions units rose by 14.4%, from €2,917 million to €3,338 million. A key factor was the inclusion of Williams Lea with effect from 1 April 2006, which yielded inorganic effects totalling €338 million. We also recorded organic growth, thanks in part to major customer contracts, including the one concluded by the Williams Lea Group with Reader’s Digest. These two business units now account for around one fifth of the division’s revenue.