Austrian Post: Under these circumstances, we are very satisfied with the development of our business activities
Austrian Post has announced its Q1 2021 results revealing improved revenue and earnings. Financial highlights Positive parcel development in Austria, CEE/SEE and Turkey; mail business negatively impacted Parcel volumes up by 33.5 % in Austria, +39 % in South East and Eastern Europe, +37 % in Turkey Letter mail volumes –6 %, direct mail –8.5 %Q1 revenue increase of 28.5 % (+12.0 % organic growth) to EUR 646.1m Structural change: Mail Division and Parcel & Logistics Division now have the same size Mail –2.1 % to EUR 311.0m Parcel & Logistics +85.5 % to EUR 323.7m Retail & Ban...