10.11.2024, 1097 Zeichen

Austrian Post: The first nine months of 2024 have developed very well for Austrian Post. Revenue of the Austrian Psot Group rose by 13.6% to EUR 2,237.6m in the first three quarters of 2024. Excluding revenue in Türkiye, where business was characterized by higher quarterly volatility relating to the exchange rate development of the Turkish Lira, revenue still increased by 10.7%. In terms of earnings, All divisions generated higher revenue in the first nine months of 2024. Revenue of the Mail Division was up by 5.1 %, whereas Parcel & Logistics revenue increased by 19.1 % (+14.2 % excl. Parcel Türkiye) and the Retail & Bank Division showed a 23.1 % revenue increase. Austrian Post also reported very good results in the first three quarters of 2024. EBITDA climbed 7.9% to EUR 304.9m and earnings before interest and taxes (EBIT) rose by 10.7% to EUR 144.7m. 2024 revenue is expected to reach EUR 3bn, depending on the exchange rate of the Turkish Lira.
Österreichische Post: weekly performance: -0.17%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (05/11/2024)

Christian Drastil: Wiener Börse Plausch

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