Austrian Post reports increasing revenue and profits in 2015
The company achieved a turnover of 1.75 billion euros and an EBIT increase of 2%, driven by strong parcel logistics growth and cost optimization measures.
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Postal and logistics service provider
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In short: Austrian Post completed its D Express acquisition in Serbia and settled a €47.8m state dispute.
The company achieved a turnover of 1.75 billion euros and an EBIT increase of 2%, driven by strong parcel logistics growth and cost optimization measures.
Revenue reached 2.37 billion EUR while EBIT grew by 5.9 percent despite restructuring costs affecting profits.
EBIT falls by 2.3%, while cash flow rises. The parcel segment compensates for declines in mail and drives growth forward.
Package sales grew three percent while letter mail declined slightly due to e-substitution. The company confirms its annual outlook amid ongoing efficiency measures.
Austrian Post completes D Express acquisition - read more about this with Parcel and Postal Technology International ...
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