Moderate Earnings Increase for Austrian Post

CompaniesRetail & Consumer ♦ Published: May 13, 2011; 10:59 ♦ (Vindobona)

Revenue up 1.6% from the previous year on a comparable basis. EBIT goes up by 7.6% to € 48.8m. EBITDA margin amounts to 12.4%

Moderate Earnings Increase for Austrian Post / Picture: ©

The first quarter of 2011 proceeded very satisfactorily for Austrian Post. Revenue rose 1.6% on a comparable basis. “As originally intended, we succeeded in more than compensating for the volume decline in addressed letter mail by generating growth in direct mail and parcels”, says CEO Georg Pölzl. The revenue increase of the Group to € 571.3m against the backdrop of measures…

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