Austrian Post 2025: parcel growth, revenue slightly down

Austrian Post has released its financial figures for 2025. Revenue Slightly Down Year-on-Year as Parcel Growth Offsets Mail Decline however – overall a “solid operating performance”.

Revenue

• Revenue compared to the previous year impacted by positive election and currency effects in 2024
• Revenue in 2025 of EUR 3,043.3m, 2.6% below 2024 and 11.0% above 2023
• Mail and direct mail of EUR 1,155.2m (–6.8% compared to 2024 / –3.0% compared to 2023)
• Parcel & Logistics at EUR 1,719.9m (+1.2% adjusted compared to 2024/ +21.4% compared to 2023)
• Branch & Bank with EUR 183.8m (–8.8% compared to 2024 / +9.0% compared to 2023)

Result

• Earnings development in line with the trend of the first nine months
• EBITDA of EUR 413.3m (–2.2% compared to 2024 / +5.6% compared to 2023)
• EBIT of EUR 196.9m (–5.0% compared to 2024 / +3.5% compared to 2023)
• Earnings per share from EUR 2.04 to EUR 1.96

Cash flow, balance sheet and dividend

• Operating free cash flow of EUR 280.1m (+10.3%)
• Equity as at 31 December 2025 of EUR 767.6m (+0.8%)
• Dividend proposal of EUR 1.83 per share

Outlook for 2026

• Slight increase in sales forecast
• Largely stable earnings development targeted at the level of recent years
• In terms of sales and earnings, a weaker first half of the year and a stronger second half of the year are likely

The structural trends in the international mail and parcel market will continue in 2025. Digitalisation and cost pressure among private and public customer groups led to declining letter and advertising volumes, while the growing parcel markets continued to be characterised by intense competition. Against this background, the range of services offered by Austrian Post has been systematically expanded and further developed. In Austria, Austrian Post’s services are now available at almost 3,000 post offices, and around 14,400 other out-of-home locations are being added internationally. In addition, the final preparations are underway to launch its own mobile phone brand YELLLOW in April 2026. Further important steps were also taken in the international parcel business with two acquisitions – a parcel service provider in Hungary and an e-commerce service provider in CEE/SEE. “Despite a challenging market environment and the positive one-off effects in the previous year, Austrian Post showed a solid operating performance in the 2025 financial year,” says Walter Oblin, CEO of Austrian Post. “In Austria, we continued our parcel growth in 2025 and successfully maintained our leading market position. With a share of 63% of the private customer parcel market, Austrian Post remains the clear market leader and central partner in domestic e-commerce.”

2025 was another year in which Austrian Post developed stably in a challenging environment. Austrian Post is driving forward the transformation of the company at high speed on the basis of the LEAD 2030 strategy. Following the strong increase in revenue in 2024, which was supported by positive one-off effects, among other things, the 2025 financial year developed well against the backdrop of challenging macroeconomic conditions. Both revenue and earnings were below the previous year’s level, but above the figures for 2023. In 2024 in particular, the major elections in Austria and the positive currency development of the Turkish lira had a positive effect.

At EUR 3,043.3m, revenue in 2025 was 2.6% below the level of 2024 and 11.0% above 2023. In the Mail & Direct Mail Division, revenue declined by 6.8% compared with 2024 and by 3.0% compared with 2023 and was impacted by the structural decline in addressed letter mail volume due to electronic substitution, but also by the absence of the positive one-off effects of the previous year. In addition, a restrained investment climate, efficiency measures and also lower advertising expenditure by companies can be observed. In the Parcel & Logistics Division, revenue increased by 1.2% and 21.4% compared to 2023 on a comparable basis – i.e. before a change in the presentation of revenue due to reclassification in the Logistics Solutions division. Sales revenue in Austria has developed positively in the current reporting period (+5.8%). In the Southeastern and Eastern Europe region, there was a decline in sales revenues after the strong increase due to Asian volumes, especially in the first half of the previous year. The parcel business in Turkey remains strongly influenced by high inflation and the exchange rate development of the Turkish lira. In 2025, this region recorded a year-on-year decline, exacerbated by temporary capacity restrictions in the fourth quarter. The Branch & Bank division recorded a decline in revenue of 8.8% (+9.0% compared to 2023). Branch services were impacted by the termination of the Deutsche Telekom sales cooperation. The financial services business also showed a decline due to the lower ECB key interest rate level.

The earnings development reflects the trend of the first nine months of 2025. EBITDA fell by 2.2% year-on-year to EUR 413.3m, and earnings before interest and taxes (EBIT) fell by 5.0% to EUR 196.9m. At 5.6% and 3.5% respectively, both key figures are above the comparative value of 2023. A decline in earnings in the mail business and lower profitability in Southeastern and Eastern Europe as well as Turkey are offset by an improvement in earnings in the Branch & Bank Division. Founded in 2020, bank99 made a positive contribution to the overall result with its approximately 300,000 customers in Austria. This resulted in a net profit for the period for 2025 of EUR 134.0m (–8.1%) and earnings per share of EUR 1.96, compared with EUR 2.04 in the same period of the previous year (–4.1%). On the basis of the solid performance and balance sheet situation, a dividend of EUR 1.83 per share at the previous year’s level will be proposed to the Annual General Meeting on April 15, 2026. This corresponds to a dividend yield of 5.9% at the closing price on December 31, 2025.

The challenging underlying trends in the international mail and parcel markets will continue in 2026. A slight increase in sales is expected again for the current year. At the same time, inflation-related cost increases are still to be expected. Comprehensive initiatives are therefore being taken to safeguard the Group’s earnings level. For 2026, Austrian Post is aiming for a largely stable earnings development in the order of the last few years, despite a difficult macroeconomic environment and slightly improved economic forecasts. bank99 will continue to make a positive contribution to earnings, also through the elimination of the core bank migration. In terms of sales and earnings, the first half of the year is expected to be weaker than in the previous year and a stronger second half of the year. In the first quarter of 2026 in particular, Austrian Post’s business was impacted by the conversion of Deutsche Telekom’s previous sales cooperation to its own mobile communications brand YELLLOW, a challenging market environment in Southeastern and Eastern Europe and in Turkey due to regulatory reductions in parcel volumes from Asia.

“We owe the fact that we offer top quality above all to our employees, who work day after day with great commitment and professionalism. Our special thanks go to them. Together, we will further strengthen our position as the preferred partner of our customers,” says Walter Oblin.