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AUSTRIAN POST Q1-3 2017: HIGHER REVENUE AND EARNINGS
Press Wire ♦
Published: November 15, 2017; 07:35 ♦ (Vindobona)
In the first three quarters of the current financial year, Austrian Post's Group revenue amounted to EUR 1,404.7m. Adjusted for the subsidiary trans-o-flex sold in April 2016, the revenue increase equals 2.1 %. On the basis of the good revenue development combined with strict cost discipline, operating earnings (EBIT) totalled EUR 139.9m, comprising a year-on-year rise of 3.3 %.
AUSTRIAN POST Q1-3 2017: HIGHER REVENUE AND EARNINGS / Picture: © Vindobona.org
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Financial Figures/Balance Sheet
Vienna -
Revenue increase driven by dynamic parcel growth
- Revenue up 2.1 % to EUR 1,404.7m (excl. trans-o-flex)
- Mail decline (-2.2 %) more than offset by parcel growth…
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