Israel Post generated a revenue of NIS901m for the first half of 2016, down from NIS921 in H1 2015. Revenue from overseas packages and shipments was up 32%, according to a report in the Israeli news website Globes, but this was not enough to offset a 7% drop in mail revenue.
The postal operator achieved a net profit of NIS19.5m for H1 2016, which was up on last year’s result.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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