Austrian Post Group has reported positive revenue development in the first nine months of 2019.
Revenue was up by 3.2 % to EUR 1,462.2 million, parcel growth was up 11.3% to EUR 437.2 million as Austrian Post capitalised on dynamic market growth resulting from the ongoing online shopping trend.
However, the related competitive intensity and price pressure remain high. Parcel revenue growth was driven primarily by the e-commerce trend and the related increase of parcel volumes in Austria.
Against the backdrop of this parcel volume development, Austrian Post is intensifying its parcel logistics capacity expansion drive. Capacities were already substantially increased as of September 2019 when the parcel logistics centre Lower Austria (Hagenbrunn) became fully operational. The next milestones will be the completion of the parcel logistics centre Styria (Kalsdorf) and of the delivery base Thalgau/Salzburg in the middle of next year.