Driven by a 54% increase in international revenue, Lithuania Post’s mail service revenue increased 19% in 2018.

The operator also recorded a 16% increase in parcel revenue, with volumes delivered by the operator increasing 30%. Volumes delivered to lockers increased 50%, with the operator adding 14 new terminals in 2018. As a result of rapid revenue growth, Lithuania Post’s EBIT margin improved from 2.4% in 2017 to 5.4% in 2018, despite higher staff costs resulting from wage increases. For more details download the latest IPC Carrier Intelligence Report for Lithuania Post.

 

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