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Österreichische Post AG / AUSTRIAN POST H1 2015: SLIGHT REVENUE INCREASE, EBIT BELOW THE PRIOR-YEAR LEVEL, RISE IN EPS AND CASHFLOW
Press Wire ♦
Published: August 6, 2015; 07:30 ♦ (Vindobona)
In the first half of 2015, revenue of the Austrian Post Group at EUR 1,178.9m was up 0.6% from the prior-year level as expected. Revenue growth of 2.4% in the parcel segment more than offset the slight decline of 0.4% in the mail business, which continues to be affected by the ongoing electronic substitution of traditional letter mail by electronic forms of communication, a trend which recently intensified.
Österreichische Post AG / AUSTRIAN POST H1 2015: SLIGHT REVENUE INCREASE, EBIT BELOW THE PRIOR-YEAR LEVEL, RISE IN EPS AND CASHFLOW / Picture: © Vindobona.org
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6-month report
- Revenue
- Revenue increase of 0.6% to EUR 1,178.9m in H1
- Decline in the mail business (-0.4%) offset by growth in the parcel segment
(+2.4%)
- Earnings
- EBIT in H1 down 2.3% to EUR 96.5m
-…
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