"Opportunities seized"

Austrian Post achieved earnings growth of 10.7% in 9 months

Nachrichten
05.11.2024 08:34

Austrian Post earned well in the first nine months of 2024. The operating result (EBIT) increased by 10.7 percent to EUR 144.7 million compared to the same period of the previous year, while earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 7.9 percent to EUR 304.9 million.

Turnover increased by 13.6% to 2.237 billion euros. Effects from elections and the currency situation of the Turkish lira had a positive impact, according to Swiss Post.

Growth in letters, parcels and in the banking sector
The partly state-owned, listed company recorded growth of 5.1 percent to EUR 911.0 million in letter and direct mail in the first three quarters of this year, while the Parcel & Logistics sector grew by 19.1 percent to EUR 1.201 billion. The Retail & Bank sector grew by 23.1 percent to EUR 146.0 million. Operating free cash flow amounted to EUR 229.3 million, while equity totalled EUR 710.7 million as at September 30.

Personnel expenses amounted to 1.026 billion euros in the first three quarters of 2024, which corresponds to an increase of 15.7 percent year-on-year. According to Austrian Post, the change is the result of an increase in employees outside Austria on the one hand and the collective agreement salary adjustment both in Austria and internationally on the other.

Post CEO: "Opportunities well utilized"
"Double-digit revenue growth - despite economic headwinds - shows that we were able to make good use of the opportunities in our markets," emphasized Walter Oblin, the new CEO of Austrian Post, today. Regarding the outlook, a press release issued by Post AG on Tuesday stated that revenue for the full year 2024 is expected to reach EUR 3 billion. EBIT is expected to increase by at least five percent this year. Revenue of over three billion euros is targeted for 2025.

This article has been automatically translated,
read the original article here.

Loading...
00:00 / 00:00
Abspielen
Schließen
Aufklappen
Loading...
Vorige 10 Sekunden
Zum Vorigen Wechseln
Abspielen
Zum Nächsten Wechseln
Nächste 10 Sekunden
00:00
00:00
1.0x Geschwindigkeit
Loading
Kommentare

Liebe Leserin, lieber Leser,

die Kommentarfunktion steht Ihnen ab 6 Uhr wieder wie gewohnt zur Verfügung.

Mit freundlichen Grüßen
das krone.at-Team

User-Beiträge geben nicht notwendigerweise die Meinung des Betreibers/der Redaktion bzw. von Krone Multimedia (KMM) wieder. In diesem Sinne distanziert sich die Redaktion/der Betreiber von den Inhalten in diesem Diskussionsforum. KMM behält sich insbesondere vor, gegen geltendes Recht verstoßende, den guten Sitten oder der Netiquette widersprechende bzw. dem Ansehen von KMM zuwiderlaufende Beiträge zu löschen, diesbezüglichen Schadenersatz gegenüber dem betreffenden User geltend zu machen, die Nutzer-Daten zu Zwecken der Rechtsverfolgung zu verwenden und strafrechtlich relevante Beiträge zur Anzeige zu bringen (siehe auch AGB). Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

Kostenlose Spiele
Vorteilswelt