Austrian Post reports “stable revenue and higher EBIT”

Austrian Post has reported that its revenues were “stable” in 2016 – with a 1.6% drop in the mail and branch network, but a 3.9% growth for parcels and logistics. In a statement issued yesterday (9 March), Georg Pölzl, CEO of Austrian Post, said: “In spite of a challenging market environment and increased competition, we once again succeeded in positively developing the company. The resolute continuation of our strategy and the commitment of our employees played an important role in this.”

Looking forward, Pölzl added: “In 2017 we are aiming for an even more customised response to fulfil individual customer preferences for delivery on the basis of an improved service offering. We are continuously investing in innovative customer solutions and service upgrades. The launch of a completely new product, the ‘Packet’, enables us to specifically respond to customer needs on the fast-growing e-commerce market, and create a sleek and quick solution for small online orders.”