bpost reports Q3 revenues of €538.1m

bpost – the Belgian postal operator which is currently exploring a potential merger with PostNL – has reported an operating income of €538.1m for the third quarter (Q3). There was a decline of 5.9% in the domestic mail volume, as a strong performance in advertising was offset  by transaction mail and press.

Commenting on the results, Koen Van Gerven, bpost’s CEO, said: “We continued to record solid growth in both domestic and international parcels, driven by booming e-commerce and bolt-on acquisitions to strengthen our service offering.”