The Austrian post earned well in 2024. The package and branch and banking company with an increase in the turnover increase of around 20 percent has developed particularly strongly: the sub-state, listed Viennese company rose by 13.9 percent to EUR 3.12 billion.
The operational result (EBIT) rose by 9 percent to EUR 207.3 million, the result before interest, taxes and depreciation (EBITDA) grew by 8 percent to EUR 422.7 million.
The equity of EUR 761.6 million is remarkable and the E -mail is also very well positioned for operational free cash flow of EUR 253.9 million (plus 14.6 percent). As a dividend for 2024, the company proposes 1.83 euros per share and therefore proposes 2.8 percent compared to the year. 52.8 percent of Post AG is in state ownership. The Outlook said that the Swiss post expected a small increase in turnover and a result (EBIT) of the order of EUR 200 million.
For the first time, more than 500 million packages
For the first time, the post office supplied more than 500 million packages in the regions of Austria, Southeast and Eastern Europe, as well as Türkiye and Azerbaijan. “We see ourselves strategically well positioned. The transformation of the steadily falling postal company to the growing parcel company and therefore also to more internationalization is progressing well, ”said the new post-general director Walter Oblin on Friday.
Especially in Turkey with the package daughter Aras Kargo there had been a strong revenue growth, but also influenced by the high inflation and the exchange rate of the Turkish lira. To increase the dividend, Post AG said: “This corresponds to a distribution percentage of 85 percent of the net result and a dividend yield of 6.4 percent for the final course on December 31, 2024.”
Focus on Türkiye and Cee in the future
In the coming years, the most important investment areas will have to shift to the growing markets of Southeast and Eastern Europe and to Turkey. The entire capital requirement (Capex) for 2025 is expected to be in the reach of recent years in recent years. “The goal of the Austrian post is still to combine growth and dividend strength,” the company said in a broadcast.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
