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Post AG Announces Results for Q1-Q3 2010

Published: November 17, 2010; 10:47 · (Vindobona)

The Austrian Post experienced a very stable period. Sales declined slightly, EBIT and cashflows increase moderately.

Post AG Announces Results for Q1-Q3 2010 / Picture: © www.post.at

The first nine months of the 2010 financial year developed very satisfactorily for Austrian Post. On balance, Group revenue declined during this period. However, the actual decline of minus 0.6% turned out to be very moderate. Growth in the Parcel & Logistics Division could almost completely compensate for the revenue drop in the other segments. Moreover, Austrian…

This article includes a total of 880 words.

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