La Poste Groupe reports €34.6 billion revenue for 2021

La Poste Groupe reports €34.6 billion revenue for 2021

France’s La Poste Groupe has reported an operating revenue of €34.6 billion and a net profit of €1.2 billion for 2021, supported by record levels of parcel deliveries.

Following a meeting of the Board of Directors on Wednesday (23 February), La Poste issued a statement in which Philippe Wahl, Chairman and Chief Executive Officer of La Poste Groupe, said: “With the unprecedented growth of e-commerce and the digitisation of society, the Express and Parcels business reached record levels (2.8 billion parcels delivered in 2021 compared to 1.1 billion in 2013); while Mail volumes continued to erode (7.3 billion letters in 2021 compared to 13.7 billion in 2013) after an accelerated fall in 2020.”

Wahl noted that 2021 marked the launch of the group’s new strategic plan ‘La Poste 2030, committed for you’, which aims to build a sustainable model for profitable and responsible growth, and reported that some “major strategic milestones” were achieved in 2021. These included GeoPost accelerating its development in Europe and at intercontinental level, as well as the creation in July of a new business unit, Retail Customers and Digital Services, which “combines the power of [La Poste’s] physical network with the expertise of [its] digital services”.

Click here to read La Poste’s full 2021 results announcement.

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