Driven by strong growth for its mail segment, Cyprus Post’s total revenue increased 8% in 2018.

Mail revenue growth was achieved despite a slight drop in domestic mail volumes. A sharp drop in domestic parcel volumes contributed to a 4% drop in parcels and express revenue for 2018. In 2019, Cyprus Post is looking to increase consumer convenience in parcel delivery, as well as increasing operational efficiency, by expanding its parcel locker network from three to 12 terminals. For more details download the latest IPC Carrier Intelligence Report for Cyprus Post.

 

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