Posten Bring results: Weak growth in a challenging market
Posten Bring reported revenue of NOK 12,498 million in the first half of the year, an increase of 0.9 percent compared with the same period last year. Adjusted operating profit for the first half of the year was NOK 390 million, a decrease of NOK 92 million compared with the same period in 2025. In the second quarter, adjusted operating profit was NOK 264 million, an increase of NOK 58 million.
“We are delivering overall growth in parcel volumes in the Nordic region, but geopolitical unrest and intense competition with price pressure combined with high costs are weakening the result. In the second half of the year, we are implementing measures that will reduce costs, strengthen competitiveness and give increased power to the strategic focus on parcels, freight and warehouses,” says Petter-Børre Furberg, CEO of Posten Bring.
Today, around 80 % of Posten Bring’s revenue comes from logistics operations and 20 percent from postal operations. At the turn of the millennium, the situation was the opposite. The Group has adopted a new organisational structure that, together with cost-saving measures, will strengthen competitiveness and reinforce its strategic focus on parcels, freight and warehousing across the Nordic region. By 2027, the Group will reduce indirect costs by 25 percent compared with 2025 levels.
Strong parcel growth in Sweden
Revenue from the logistics business was NOK 10,163 million in the first half of the year, an increase of 1.7 percent compared with the same period in 2025. Adjusted operating profit for the logistics business was NOK 525 million in the first half of the year, a decrease of NOK 8 million compared with the same period in 2025. In the second quarter alone, operating profit increased from NOK 262 million in 2025 to NOK 306 million in 2026.
Parcel volumes from online shopping (B2C) increased by 13.6 percent in the first half of the year compared with the same period last year. Growth was driven by higher volumes in all three Scandinavian countries, with the strongest growth in Sweden. Further expansion is planned in Sweden, and next summer Bring will open a new terminal outside Stockholm that will triple its current capacity.
Decline in mail volumes continues
Revenue from the postal segment was NOK 2,570 million in the first half of the year, a decrease of NOK 52 million compared with the same period in 2025. Addressed mail volumes continued to decline, falling by 9.4 percent in the first half of the year compared with the same period last year. Unaddressed mail volumes fell by 15.3 percent. This was partially offset by positive volume growth of 12.1 percent for the Norgespakken parcel service in the first half of the year. Adjusted operating profit for the postal segment was NOK 18 million in the first half of the year, a decrease of NOK 61 million compared with the same period in 2025. In the second quarter alone, operating profit increased from NOK 13 million in 2025 to NOK 27 million in 2026.
In the first half of the year, 88 percent of addressed mail was delivered within three days, and the figure for the second quarter was also 88 percent. This exceeds the licence requirement of 85 percent.
Sickness absence in the second quarter was 7.0 percent, an improvement of 0.2 percentage points compared with the same period last year. The H2 injury frequency for the second quarter was 6.6, an increase of 0.3 compared with the same period last year.
Beate Hamre Deck assumed the role of Executive Vice President, People and Organisation, on 1 July 2026, succeeding Nina Yttervik, who, after more than six years with Posten Bring, announced that she would be leaving the Group to pursue new opportunities outside the organisation.
“Nina has been instrumental in the development of our company in recent years and we wish her all the best in the future,” says Petter-Børre Furberg.
Key figures – Q2 2026 (Q2 2025 in brackets)
- Operating income (MNOK): 6,228 (6,137)
- Adjusted operating profit (MNOK): 264 (205)
- Operating profit (EBIT) (MNOK): 215 (177)
Key figures – First half of 2026 (First half of 2025 in brackets)
- Operating income (MNOK): 12,498 (12,385)
- Adjusted operating profit (MNOK): 390 (482)
- Operating profit (EBIT) (MNOK): 337 (466)
- Equity ratio (%): 29.3 (29.9)
- Return on invested capital (ROIC) (%): 8.2 (6.6*)
- Return on equity (after tax) (%): 10.5 (6.5*)
