Oesterreichische Post Q1 2024: Revenue and Earnings Soar Above Last Year's Figures

• Austrian Post's Q1 2024 revenue and earnings were above the prior-year level.
• Revenue growth was observed in all divisions, with an overall increase of 14.1% to EUR 758.6m.
• The Mail division grew by 2.3% to EUR 315.6m, Parcel & Logistics by 23.2% to EUR 402.9m, and Retail & Bank by 26.0% to EUR 47.2m.
• Earnings were higher year-on-year, with EBITDA up by 8.7% to EUR 103.4m and EBIT up by 11.4% to EUR 52.4m.
• The operating free cash flow was EUR 72.3m and the balance sheet total, including bank99, was EUR 5.9bn.
• For 2024, the company expects Group revenue growth in the mid-single-digit range and earnings (EBIT) at least at the prior-year level.

The next important date, Quarterly report, at Oesterreichische Post is on 08.05.2024.

The price of Oesterreichische Post at the time of the news was 30,23EUR and did not change compared to the previous day.
15 minutes after the article was published, the price was 30,15EUR this corresponds to a minus of -0,25 % since publication.

Oesterreichische Post

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ISIN:AT0000APOST4WKN:A0JML5

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