Profits up 59% at Czech Post thanks to parcel growth
Czech Post said yesterday that it was able to increase its operating income during 2011 despite the steady decline in revenues from its traditional postal services.
Read MoreTag: financial results
E-commerce helps FedEx profits more than double in Q3
FedEx Corporation saw its profits more than double in its third quarter thanks to record holiday season package shipping and the performance of its FedEx Ground unit.
Read MoreAustrian Post “on right track” as innovation helps up profits 4.6%
Austrian Post said yesterday that it appears to be “on the right track”, after net profits rose 4.6% in 2011 on the back of growth in mail and particularly parcels.
Read MoreSwiss Post records stable profits on “slight” mail volume declines
Swiss Post said today that it had an “excellent result” 2011, although the postal operator saw its already high profitability reducing slightly compared to the year before.
Read MoreLa Poste workers set for bonus, on back of strong sales in 2011
Postal employees in France are set for a bonus of around EUR 242 each after La Poste recorded a 23% increase in its group net income today.
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