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Austrian Post with a 33.4 million profit in first quarter

Published: May 20, 2010; 00:00 · (Vindobona)

The total revenue decreased by 1.6 per cent to €585.6m. Compared to last year 912 workers were fired. Future developments are hindered by difficult market situations.

Austrian Mail Service “Post AG” registers a profit of €33.4m in the first quarter of 2010, which is a minus of 0,8 per cent compared to last year. Forecasts for 2010 predict that the turnover of the company will remain 2 per cent below 2009 levels.

The development of Post AG in the first quarter of 2010 was hindered by difficult market situations. The letter sector is…

This article includes a total of 195 words.

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