Despite seeing strong growth in revenue for parcels and international mail services – with the latter benefitting from a 59% increase in inbound volumes from China – Czech Post saw total revenue fall 2.4% in 2017. A split from its IT services division was partly the cause, as was a continued decline in demand for traditional postal services. Czech Post is looking to its retail network for revenue and profit growth, increasing the share of agency outlets and launching financial services in partnership with ČSOB Group in 2018. For more details, download the IPC Carrier Intelligence Report for Czech Post.
If your company has not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at market.intelligence@ipc.be.