Austrian Post Reports Strong Earnings in First Half of 2024

Solid Financial Performance Despite Economic Challenges

The Austrian Post has reported strong financial results for the first half of 2024, with significant growth in key financial indicators. The company's shareholders' equity reached an impressive €6,820 million as of the end of June.

Key Highlights

The post's EBITDA (earnings before interest, taxes, depreciation, and amortization) for the first half of 2024 amounted to €2,115 million, an increase of 11.9% compared to the previous year. Despite the ongoing economic headwinds, the Austrian Post managed to increase its earnings, demonstrating the resilience of its business.

The company's revenue also saw a significant increase in the first half of 2021, rising by 2.8% to €12,604 million. This growth was driven by strong performance in the parcel delivery segment.

In addition to its strong financial performance, the Austrian Post also achieved a number of operational milestones during the first half of 2024. The company expanded its network of parcel lockers to over 1,000 locations, providing customers with greater convenience and flexibility.

Overall, the Austrian Post's strong financial performance in the first half of 2024 is a testament to the company's solid business model and its ability to adapt to changing market conditions. The company is well-positioned to continue its growth trajectory in the coming years.