Austrian Post revenues “driven by dynamic parcel growth”

Austrian Post revenues “driven by dynamic parcel growth”

Austrian Post has reported that its group revenues for 2017 were up by 2.3% to €1,938.9m, “driven by dynamic parcel growth”.

The Mail & Branch Network Division’s revenues dipped 2.1% to €1,447.8m, but Austrian Post said this was “more than offset” by the 17.7 % increase in Parcel & Logistics divisional revenue to €495.6m.

Austrian Post’s parcel volumes were up 20%, increasing its overall market share from 45 % to 47 %.

Georg Pölzl, Austrian Post’s CEO, commented: “This proves that the services provided by Austrian Post meet the highest standards with respect to quality and delivery speed. We are striving in both the mail and the parcel segment to improve our high quality level and steadily develop our products on the basis of current customer needs even further.”

With the growth in the parcels market set to continue, Austrian Post said that “measures are being taken to double sorting capacities over the next four years to more than 100,000 parcels/hour”.

“Our objective is to expand existing sorting capacities as quickly as possible,” said Pölzl. “We want to maintain our positioning as a reliable company in the future, and continue to keep the focus of our operations geared to quality and reliability”, concludes CEO Georg Pölzl.

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