Revenue from sales grows 1% as New Zealand Post targets profitability by 2025.
Driven by the cessation of the mail contract for service with the government as well as the impact of several positive one-off accounting events the prior year, New Zealand Post reported a 2.3% decline in total revenue in 2023. However, the post’s revenue from sales increased just under 1% year-on-year to reach €681.86m in 2023.
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