Austrian Post delivered higher profits last year despite challenging economic conditions thanks to strong parcels growth.
In 2024, the group’s revenue increased by 13.9% to €3,123 million (+9.2% excluding inflation-impacted Parcel Türkiye), including double-digit growth at the Parcel & Logistics division. Operating profits improved by 9.0% to €207.3 million and net income increased by 5.2% to €145.9 million.
Strategically well positioned
“Austrian Post was able to achieve double-digit revenue growth in the past financial year, successfully withstanding weak economic conditions, inflation and the strong competitive environment”, said CEO Walter Oblin. “We consider ourselves to be strategically well positioned. The transformation from the increasingly declining letter business to the growing parcel business and hence to further internationalisation is well under way.”
Parcel growth trends
