Austrian Post: Stable Turnover, Increasing Earnings

CompaniesRetail & Consumer ♦ Published: March 16, 2011; 00:00 ♦ (Vindobona)

Revenue was up by 0.3%. EBIT rose by 5.0% to € 156.9m. Dividend proposal to the Annual General Meeting: € 1.60 per share

Austrian Post: Stable Turnover, Increasing Earnings / Picture: © www.post.at

The year 2010 developed very satisfactorily for Austrian Post. This is reflected in the development of key performance indicators as well as the fact that the underlying strategy proved to be successful. The trend towards declining addressed letter mail volumes was more than compensated by additional revenues, particularly in the parcel & logistics business. Total revenue of…