bpost has said its fourth quarter 2020 results are in line with expectations, delivering on full year 2020 guidance through strong development in Parcels & Logistics and supported by solid last mile operations in Belgium.
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PostNL has reported an “exceptional” FY 2020 performance both for Parcels and Mail in the Netherlands resulting in normalised EBIT of €245 million.
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Australia Post has announced group revenue for the first half of $4.3 billion, up 15.5 per cent year-on-year and Group profit before tax at $166.6 million, including letter losses of $74.2 million.
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Royal Mail has released a trading update for the nine months ended 27 December 2020 revealing revenue growth of 9.3% – the highest since privatisation in 2013, with parcel revenue growth more than offsetting the decline in letters.
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Amazon.com has announced that Founder and CEO Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer. Amazon.com has also released its financial results for its fourth quarter ended December 31, 2020.
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