Operational efficiency drives profitability growth amid decline in revenues in 2023
High volumes of public sector mail, as well as rate increases, drove a 0.2% increase in adjusted revenue for Posti Group’s mail division in 2023
However, this was more than offset by a contraction in adjusted revenue for both the logistics division – which saw transportation waybill volumes fall by a tenth – and the post’s parcel division, which witnessed negative volume and revenue developments in its Swedish markets. Group revenue fell 4% year-on-year.
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