Double-digit growth for parcels and logistics revenue offset a drop in mail and retail performance for Österreichische Post in 2018, with total revenue for the year increasing 0.2%.
As well as inclusion of results for new subsidiaries, parcels growth was driven by strong performance in the domestic market, where Österreichische Post holds a close to 50% market share. In order to meet future volume growth – it expects domestic volumes to increase by around 40% in the next four years – the operator plans to double parcel sorting capacity by 2021. For more details download the latest IPC Carrier Intelligence Report for Österreichische Post.
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