PTT-Turkish Post saw revenue rise by more than 50% over the five years since 2011, with revenue for its express delivery subsidiary, PTT Kargo, almost doubling over that period.
Despite reporting mail volume declines, it achieved strong growth in its mail division, with revenue increasing 7% to almost €540m in 2015. PTT is targeting double-digit revenue growth for 2016, driven by expanded financial services, as well as domestic and international growth. For more details, download the IPC Carrier Intelligence Report for PTT-Turkish Post.
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