Group revenue declined by 10.3% to reach €223m in 2023. Hellenic Post ELTA posted a loss of €8.9m in 2023, representing a year-on-year decline of 4% in group EBIT margin.
For more details download the latest IPC Carrier Intelligence Report for Hellenic Post-ELTA.
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However, revenue for mail and parcel services fell 6% and 5%
respectively, driven by lower volumes. The domestic parcels sector remains
highly competitive, with the post seeing its volumes drop 4% year on year.
Through additional funding from the Greek government, it aims to increase its
competitiveness in parcel and e-commerce delivery, investing in capacity
expansion and automation. For more details download the latest IPC Carrier
Intelligence Report for Hellenic Post-ELTA.
If your company has
not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at [email protected].
