Satisfactory Results at Austrian Post

Business › n.a. ♦ Published: May 16, 2012; 08:05 ♦ (Vindobona)

Revenue was up by 6.0% above the prior-year quarter. An EBITDA rise of 7.0% to € 75.8m was recorded. The outlook for 2012 was confirmed.

Satisfactory Results at Austrian Post / Picture: © www.post.at

The first quarter of the 2012 financial year proceeded very satisfactorily for Austrian Post in both the parcel and mail segments. Against the backdrop of generally dampened economic expectations in Austria and neighbouring countries, the postal business continues to be mainly impacted by postal-specific trends. Structural changes arise as a result of electronic substitution of…

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