La Poste Groupe: These results are the outcome of our diversification strategy
La Poste has announced its 2024 results, highlighting a solid financial performance with revenue reaching €34.6bn, a 1.5% increase year-over-year.
Philippe Wahl, Chairman and Chief Executive Officer of La Poste Groupe comments: “La Poste Groupe saw an upward trend in its results in 2024, with revenue coming in at €34.6 billion and net profit advancing to €1.4 billion.
These results are the outcome of our diversification strategy and are also due to the dedicated daily work of all of our people. That is why every La Poste Groupe employee will be receiving a higher profit-sharing bonus this year.
Together, we have transformed La Poste.
Mail now accounts for 15.8% of our overall revenue, compared with 52% in 2010. Despite fiercer competition, business volumes for Colissimo and Geopost increased in 2024, with parcel deliveries now accounting for 53% of our revenue compared with 23% in 2010.
In parallel, our bancassurance model has futureproofed La Banque Postale’s performance and given CNP Assurances a dedicated distribution network. La Banque Postale/ CNP Assurances both recorded an increase in their results, buoyed by strong sales momentum in the postal network.
Revenue from new local services rose 10.6% in 2024, coming in at €889 million.”
