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Post increases the postage for letters

Post increases the postage for letters

Post AG presented a mixed half-yearly report yesterday. The result for the period fell from 84.2 to 54.8 million euros, sales by four percent to 1.21 billion euros.

The Austrian Post notices the reluctance to shop online. In the first half of the year, the parcel volume fell by five percent year-on-year – although: Compared to 2020, this is still an increase of 51 percent.

Swiss Post is reacting to rising costs in the energy sector with higher postage prices. The letter S is more expensive from 0.85 to 1 euro, the letter M from 1.35 to 1.40, the parcel S from 2.75 to 3 euros and the parcel M from 4.30 to 4.50 euros (valid with October 1).

In addition to the high energy costs and the generally high inflation, Post boss Georg Pölzl sees the recruitment of employees as the greatest challenge. The Post could hire a good 1,000 employees immediately, said Pölzl on Thursday at the semi-annual press conference. As in all other industries, the lack of drivers is a problem. The situation on the paper market is also tricky, the bottlenecks are already noticeable here, for example with the thickness of the direct mail.

Despite the significantly lower result, Pölzl was satisfied with the first six months of this year. After all, the previous year was “extremely successful” as a comparative period, but there is also reason to look back “quite satisfied” on the first half of the year. Regarding the outlook, Pölzl said that sales are planned to be as close as possible to those of the previous year of 2.5 billion euros. The expected EBIT is still seen between the years 2021 (205 million euros) and 2020 (161 million euros).

Source: Nachrichten

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