Latvian Post reported an increase of 1.9% in group revenue, to reach €110m in 2023.
The post saw its EBIT margin decline to 0.4% in 2023, down from 1.1% the prior year. The company reported a net profit of €0.5m for 2023, compared to €2.2m the previous year. The number of FTEs at Latvian Post fell 8.1% in 2023, to reach 2,657 employees. For more details download the latest IPC Carrier Intelligence Report for Latvian Post.
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