Swiss Post grew profitably last year as higher prices outweighed lower mail and parcel volumes but remains cautious about the outlook for 2025.
In 2024, the group’s revenues increased by 4.8% to 7,626 million francs even though letter volumes dropped by 5.5% and there was a “slight” 2.9% fall in parcels to 180 million items. Moreover, EBIT improved to 401 million francs, up 78 million francs on the previous year’s figure, while group profit of 324 million francs was 70 million francs higher than in 2023.
Flexible quality logistics
Operating profit at Logistics Services made a strong contribution to the stable Group result, and, at 439 million francs, was 104 million francs higher than in the previous year. The main drivers of this earnings growth were the price measures implemented and the impact of the efficiency measures introduced in 2023.
The structural decline in letter volumes (–5.5%), negative consumer confidence in relation to parcels (–2.9%) and declining orders in goods logistics continued to weigh on the result. But Swiss Post continues to expect rising parcel volumes in the medium and long term. On the other hand, industry solutions in healthcare logistics proved to be robust given the demand situation and further increased their contribution to results.
Parcels tracking
