Correos recorded a return to revenue growth in 2018, supported by increased activity in the mail and parcels sector.

Revenue for Correos Express increased 16% in the year, matching volume growth achieved by the subsidiary. To support growing demand for e-commerce deliveries, Correos invested in automation and capacity expansion of its sorting operations in 2018, as well as in extending its delivery network. The operator added more than 2,000 Citypaq parcel locker terminals to its network in the year. For more details download the latest IPC Carrier Intelligence Report for Correos.

 

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