An Post: Revenue up 13% to €555m in first six months of 2026
An Post today reported a strong trading performance for the first six months of 2026, with revenue and earnings significantly ahead of the same period last year, driven by continued rapid growth in eCommerce and increased activity across the company’s business lines.
Revenue for the six months to 30 June 2026 was €555 million, €64 million ahead of the same period in 2025, representing growth of 13%*. The performance was driven by eCommerce growth of more than 30% year-on-year, together with increases across all business lines. The decline in traditional mail volumes, down 10.7%, was offset by price increases.
EBITDA for the first half was €33 million, €21 million ahead of the equivalent period in 2025, more than doubling earnings year-on-year. EBITDA and EBIT were also ahead of budget by €2 million and €1 million respectively, demonstrating that An Post is on track to deliver a full year of strong, profitable growth.
The company said the strong performance reflects the continued successful implementation of its strategy, with eCommerce becoming an increasingly important part of An Post’s trading mix. The Post Office network also continues to show resilience, supported by the new Department of Social Protection contract, increased parcel volumes across the counter, and growth in financial services.
An Post also noted that the EU’s new tariff regime on parcels originating outside the EU came into effect on 1 July 2026. Early indications show a marginal softening in parcel growth to 27% year-on-year in the first two weeks of July, as supply chains adjust, more parcels originate from EU-based hubs, and major e-tailers from outside the EU absorb some of the tariff costs.
Commenting on the trading performance, David McRedmond, CEO of An Post, said: “An Post has delivered a strong first-half trading performance, with revenue up 13% and EBITDA more than doubling compared with the same period last year. This reflects the increasing strength of eCommerce in our trading mix, the resilience of the Post Office network, and the continued progress of our strategy.
“The company is on track to deliver a full year of strong, profitable growth. Our challenges are now about infrastructure and capacity. It is essential that decisions are approved rapidly for the proposed National Parcel Centre and for the increase in An Post’s borrowing cap, so that we can continue to support Ireland’s rapidly growing eCommerce economy.”
Mr McRedmond also said the company’s 2025 financial results reflected the successful implementation of An Post’s strategy, with revenue and earnings growth supported by eCommerce, the Post Office network, parcels activity and financial services.
The company said the exceptional loss arising from the decrease in the pension fund surplus reflected An Post’s commitment to returning value to pension fund members as soon as feasible. This included a 6% increase in pensions and the return to 100% pensionable pay, while maintaining the cap going forward as a prudent measure to ensure the fund’s surplus remains strong and sustainable.
Today’s update was provided at An Post’s 2026 Annual General Meeting. It was Mr McRedmond’s final AGM and final official statement as CEO of An Post. He thanked An Post employees, the management team, the Chairman and Board, shareholder Ministers and officials, and wished his successor Feargal Leamy success in the role.
* (Figures above are based on unaudited financial accounts for the first six months of 2026)
