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Österreichische Post AG / AUSTRIAN POST Q1 2016: REVENUE DECREASE OF1.2%, EBIT NEGATIVELY IMPACTED BY INTEREST RATE EFFECTS, STABLE OUTLOOK FOR 2016CONFIRMED
Press Wire ♦
Published: May 13, 2016; 07:31 ♦ (Vindobona)
Revenue of the Austrian Post Group in the first quarter of 2016 totalled EUR 592.8m, a slight decline from the previous year. The parcel segment showed a stable revenue development, whereas revenue decreased in the mail business, which continues to be impacted by the ongoing substitution of traditional letter mail by electronic forms of communication.
Österreichische Post AG / AUSTRIAN POST Q1 2016: REVENUE DECREASE OF1.2%, EBIT NEGATIVELY IMPACTED BY INTEREST RATE EFFECTS, STABLE OUTLOOK FOR 2016CONFIRMED / Picture: © Vindobona.org
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3-month report
- Revenue - Revenue decline of 1.2% to EUR…
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