According to the 2013 Annual Financial Statement of Iceland Post, loss from the company’s operation amounted to approximately ISK 119m. In general, it could be said that the aspects of the budget for 2013 which are under the control of the company’s management were achieved. On the other hand, the company was not permitted to make the changes to the pricing of letters within the exclusive right and the number of distribution days in rural areas that were necessary to meet the budget. This accounts for the ISK 235m lower income and ISK 100m less in cost reduction during 2013 than was anticipated.
By continuing to browse or by clicking “Accept All Cookies,” you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookie info
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites.