Austrian Post: Rise in Revenue and Earnings

Companies › Retail & Consumer ♦ Published: August 19, 2011; 11:17 ♦ (Vindobona)

Declining letter mail volumes were offset by growth in the parcel business. Total revenue increased by 2.9%, EBIT rose 9.1% to € 81.3m.

Austrian Post: Rise in Revenue and Earnings / Picture: © www.post.at

Austrian Post today reported results for the first half of the year. Total revenue rose by 2.9% to € 1,137.9m on a comparable basis, adjusted for the meiller companies which were deconsolidated at the end of 2010. The Parcel & Logistics Division posted the biggest increase of 6.2%, followed by the Mail Division, whose revenue rose by 2.1%. This was in contrast to the revenue…

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