21st Austria weekly - Austrian Post (12/03/2021)
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 enab...