The Swiss Post increased its conglomerate profit last year by approximately two thirds (+64%) to CHF 194 million. The operating profit rose by 32% to CHF 545 million. Net turnover compared to the previous year climbed by 3.4% to CHF 6.228 billion.
Read MoreSpeech by Dr Ulrich Gygi, Chief Executive Officer of Swiss Post,
at the Swiss American Chamber of Commerce, in Zurich on 4 April 2002
Responding to consumer and business demands
A hub for e-commerce and retailing
Attracting traffic, and advertising revenue, to the site
Selling additional Swiss Post services to the user
Ulrich Gygi, Chief Executive Officer, Swiss Post
The Swiss post office has announced the closure of its Yellowworld consumer portal and related e-fulfillment activities, which will now be carried out via its corporate website. The post office will use its website as a pure information and distribution channel for its various services. The post office had initially been planning to invest around SFr200 mil in Yellowworld.
Read MoreThe Swiss state-owned postal services on Friday announced a deal with the biggest bank in the country, UBS, to provide credit services to clients. The post office had originally wanted to create its own Postbank but this ran into heavy opposition in parliament and the government had to withdraw a proposal to create such a bank.
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