Hellenic Post saw a slowdown in revenue decline in 2017, with growth for parcels and express partly offsetting the continued drop seen for mail and financial services. Total revenue fell 1.2% in the year.

The operator’s parcels and express volumes grew by more than 50% in 2017, resulting in segment revenue growth of 15%. Over the next four years, Hellenic Post aims to place increasing focus on its parcels operations, expanding new services such as customs clearance. It will also further diversify through its electricity supply division, ELTA Energy. For more details, download the IPC Carrier Intelligence Report for Hellenic Post-ELTA.

                                                   

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