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But advancing digitalization is also playing a role, the Post announced Tuesday. As of the end of September, it achieved operating profit (EBIT) of 208 million francs (-137 million francs).
The operating result in the logistics business was 201 million francs (-77 million francs). Demand for all major product groups fell. The decrease was 6.6 percent in letters, 8.5 percent in unaddressed advertising mail and 5.1 percent in parcels.
The decline in letter and package volume was also noticed in Postnetz’s box office business. Postnetz’s result worsened by 16 million francs, as counterpayments fell by 19.6 percent at the same time. (SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
