Revenue growth for all business segments except mail drove a 4% increase in total revenue for bpost in 2021.

Growth was strongest for the post’s e-commerce logistics subsidiary in the US, Radial, where new customer wins drove a 13% increase in revenue. Meanwhile, the post reported stable revenue for parcels, with a drop in domestic B2X and cross-border volumes towards the end of the year in part offset by improved pricing.

 

Advertising mail volumes grew in 2021, as businesses sought to restart admail campaigns. However, segment growth was not enough to halt the continued decline in total volumes, with domestic mail dropping 6% year on year. To support efficiency in delivery, the post aims to merge domestic mail and parcel activities from 2022. For more details download the latest IPC Carrier Intelligence Report for bpost.

 

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