Correos saw revenue grow more than 10% for the second consecutive year in 2019, driven by parcels and express performance.

Revenue for Correos Express increased 20% year on year, in part because of the acquisition of a new subsidiary in Portugal. Meanwhile, despite total postal volumes falling more than 10% – driven by a 12% decline from large-volume senders – revenue for the Postal, Parcels and Telegraph division increased 10% in the year, supported by election mailings, price increases and parcels performance. For more details download the latest IPC Carrier Intelligence Report for Correos.


If your company has not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at