EANS-News
AUSTRIAN POST H1 2019: VERY GOOD FIRST HALF-YEAR 2019: ROBUST MAIL BUSINESS WITH CONTINUED STRONG PARCEL GROWTH - Seite 2
e-commerce and the accompanying parcel volume increase in Austria. Following the
competition authorities' approval of the cooperation with Deutsche Post DHL
Group, parcels have been delivered by Austrian Post since the beginning of
August 2019. Forecasted future parcel volumes provide a strong incentive for
Austrian Post to work with high intensity on extensively expanding its parcel
logistics capacities in Austria. "Since July 2019 trial operations have been
underway at the new parcel logistics centre in Hagenbrunn in the north of
Vienna, which will become fully operational in September 2019 and will increase
current capacities by 25 %", says Austrian Post CEO Georg Pölzl. Construction of
the second parcel logistics centre in Kalsdorf near Graz is proceeding on
schedule, with completion expected by mid-2020. In the medium term, both total
transport and sorting capacities should be doubled. Moreover, Austrian Post is
continuously pressing ahead with the expansion of its service offering of self-
service and online solutions, making it even easier and more convenient to send
and receive parcels.
EBIT of the Austrian Post Group has increased by 2.5 % from the prior-year level
to EUR 107.7m on the basis of solid revenue development combined with strict
cost discipline. This strong development in the first half of 2019 should enable
Austrian Post to remain consistent with its clear capital market positioning as
a reliable dividend stock. Earnings per share have increased to EUR 1.17
compared to EUR 1.12 in the prior-year period.
"Reliability and stability towards our shareholders and other stakeholders of
our company remain the focal point of our strategic activities, and, going
forward, we would like to continue along this path", adds CEO Georg Pölzl.
"Austrian Post aims to achieve a slight revenue increase for the entire 2019
financial year and stable operating earnings in line with the previous year",
concludes Pölzl.
The entire report is available on the Internet at post.at/ir --> Reporting.
KEY FIGURES
Change
EUR m H1 2018 H1 2019 % EUR m Q2 2018 Q2 2019
Revenue 955.2 981.1 2.7 % 25.9 464.6 488.6
Mail & Branch Network 695.0 703.9 1.3 % 8.9 335.4 349.2
Parcel & Logistics 262.6 283.0 7.8 % 20.4 130.4 142.0
Corporate/Consolidation -2.4 -5.8 - -3.4 -1.2 -2.6
Other operating income 50.9 42.2 -17.2 % -8.8 16.3 21.2
Raw materials,
consumables and services -206.2 -218.7 -6.1 % -12.5 -102.3 -108.5
used
Staff costs -516.5 -507.3 1.8 % 9.2 -242.5 -255.6
Other operating expenses -137.8 -134.7 2.3 % 3.2 -67.5 -68.3
Results from financial
assets accounted for -1.3 -0.5 64.4 % 0.8 -0.7 0.2
using the equity method
EBITDA 144.3 162.2 12.4 % 17.9 67.9 77.6
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