PostNord’s total revenue grew for the first time in four years in 2018, driven by growth for eCommerce and Logistics and state support for the universal service.

In Sweden, PostNord reported steady revenue growth, driven by an 8% increase for parcels and logistics services. There, the operator was in part able to limit the impact of an 11% decline in mail volumes through price increases. However, group profitability continued to be impacted by performance for PostNord Denmark, where net sales and operating income fell by 1.5% and 22.5% respectively. PostNord Denmark will continue its transformation programme in 2019. For more details download the latest IPC Carrier Intelligence Report for PostNord.

 

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