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Swiss Post’s interim results reflect challenging conditions – strategic course set for the future

In the first six months of 2023, Swiss Post generated operating profit (EBIT) of 165 million francs, down 129 million francs year-on-year. Profit amounts to 118 million francs, 141 million francs below the figure for the first half of 2022. The declining volumes in letters, parcels and over-the-counter transactions continue to have an impact on Swiss Post’s result. Despite the turnaround in the first quarter, net interest income also remains below the previous year’s figure. The interim result reflects the current extremely challenging operating framework. However, Swiss Post is confident that the turnaround in interest rates and our consistent implementation of the “Swiss Post of tomorrow” strategy will have a positive impact on the result as early as 2024.

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Royal Mail launches safe place delivery preferences for residents

Royal Mail customers can now set up a safe place delivery preference in the Royal Mail app for all future parcel deliveries. This enables customers receiving parcels to tell their postie where to leave their parcels when they are not in and when the item doesn’t fit through the letterbox. The safe place needs to be secure, weatherproof, easily accessible and out of sight. Any parcel that doesn’t require a signature can be left in a safe place.

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Facts and figures about IPC

15
million tonnes of CO2 saved
110
million tracked postal events per month
190
Posts to which IPC provides services
15
million returns