14.03.2021 Austrian Post: Austrian Post Group revenue rose by 8.3 % to Euro 2,189.2 mn in 2020. This revenue increase can be attributed to the good development in the parcel business (+44.4 %): while the Mail Division registered a disproportionately drop in revenue of 7.4 % related to COVID-19, the Parcel & Logistics Division managed to record further volume gains in the Austrian market (parcel volume +30 %), in South East and Eastern Europe (parcel volume +27 %) as well as in the newly consolidated Turkish market (parcel volume +37 %). In terms of earnings, a good fourth quarter also enabled the company to end 2020 on a conciliatory note. EBIT in 2020 amounted to Euro 160.6 mn, down by 19.9 % from Euro 200.6 mn in 2019. The start-up costs of bank99 in the Retail & Bank Division, which was launched in April 2020, accounted for a substantial share of the decline. On the basis of Austrian Post's solid performance and balance sheet strength, it will be proposed to the Annual General Meeting scheduled for 15 April 2021 to once again approve the payout of an attractive dividend of EUR 1.60 per share, corresponding to a payout ratio of 94 % of the net profit and a dividend yield of 5.6 % at the closing share price on 31 December 2020. Austrian Post aims for both revenue and earnings growth in 2021. Austrian Post expects revenue growth of 8 % to 10 % and an earnings improvement of 10 %. Moreover, in 2021 it remains important to continue the logistics capacity expansion programme. Sorting capacity in Austria should be expanded by another 30 % by the end of 2022.