Driven by growth for its retail electricity sales service and an increase in other operating income, Hellenic Post saw total revenue increase 11% in 2019.
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.
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