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Operator
Good day, and welcome to the Cardinal Health, Inc. Third Quarter Fiscal Year 2021 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference over to Kevin Moran, Vice President of Investor Relations. Please go ahead.
Kevin Moran
Vice President of Investor Relations
Good morning, and welcome. Today, we will discuss Cardinal Health s third quarter fiscal 2021 results, along with an update to our FY 21 outlook. You can find today s press release and presentation on the IR section of our website at ir.cardinalhealth.com. Joining me today are Mike Kaufmann, Chief Executive Officer; and Jason Hollar, Chief Financial Officer. During the call, we will be making forward-looking statements. The matters addressed in the statements are subject to the risks and uncertainties that could cause actual results to differ materially from those projected or implied. Please refer to our SEC filings and the forward-looking statement slide at the b
Despite the Postal Corporation of Kenya (PCK) having an unmatched network of more than 600 branches countrywide and a large fleet of delivery vehicles, we have seen our revenues dip as mail volumes tumbled and private parcel delivery companies eat into our market share.
In an era where agile private entities are leveraging on e-commerce and social media marketing informed by technology advancement such as big data and artificial intelligence, we have had our Damascus moment and we are now angling our operations for a piece of the e-commerce pie.
Though the mail business has been a long lasting golden goose for the postal services industry, we recognise that its decline is ‘irreversible’.
Click the thumbs up >TrustFord has seen its car sales volumes decline by around 40% during COVID-19 âLockdown 3â trading in England and Northern Ireland â but home delivery boom is driving commercial vehicle records.
Chairman and chief executive, Stuart Foulds, told AM that the business was driving ahead with the lessons learned from trading in H1, 2020, and had been able to maintain strong aftersales performance while achieving better than predicted success with LCVs during January.
Foulds said that car sales were running âat about 60% of where weâd normally beâ, but added: âFrom a commercial vehicle point-of-view we have been absolutely smashing it out of the park thanks to demand from people in the home delivery sector. Our order books are full.
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