Czech Post recorded steady revenue growth for 2018, with growth for inbound mail and parcels offset by declines for other mail and financial services.

Performance for 2018 was also boosted by the recovery of universal compensation for earlier years. However, this was insufficient to offset higher operating costs, particularly staff costs, resulting in a net loss for the post. Through a restructuring and increased USO compensation, it is aiming to return to profitability by 2021. For more details download the latest IPC Carrier Intelligence Report for Czech Post.

 

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