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  Disclosed inside information pursuant to article 17 Market Abuse Regulation 
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. 
  The issuer is responsible for the content of this announcement. 
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Annual Result 
22.01.2021 
 
Vienna, 22 January 2021 - 
 
Volume development in 2020 impacted by COVID-19 and the following lockdown as 
well as by the rapid increase in digitalisation 
 
* Letter mail volume decline of 7 %, 12 % drop in direct mail volumes 
* 30 % rise in Austrian parcel volumes, CEE parcels up by 27 %, 47 % increase in 
  Turkey 
 
 
2020 revenue up 8.3 % to EUR 2,189m (+3.3 % excl. Aras Kargo) 
 
* Mail Division: -7.4 % to EUR 1,222m 
* Parcel & Logistics Division: +44.4 % to EUR 914m (+28.4 % excl. Aras Kargo) 
 
 
EBIT expectation for 2020 in the range of EUR 160m (vs. EUR 201m in 2019) 
 
 
The whole 2020 as well as the recently concluded fourth quarter presented a 
major challenge for Austrian Post. In the light of the COVID-19 pandemic, the 
priority has been to ensure the safety and health of the company's employees and 
to maintain the performance of the company at the same time. Both tasks were 
successfully accomplished over the last few months. The fourth-quarter increase 
in parcel volumes presented a major logistical challenge in all regions. The 
reliability of service delivery has been maintained. "Our special thanks go to 
our employees as well as to our postal partners. All of them were working 
strenuously on a daily basis during the challenging fourth quarter. Against the 
backdrop of record parcel volumes, they ensured that Austrian Post's customers 
received their parcels on time," says Austrian Post CEO Georg Pölzl. 
 
The development of the letter, direct mail and parcel businesses varied 
considerably in 2020. The volume flows of letter and direct mail items were 
strongly reduced as a result of the pandemic. The volume of addressed letter 
mail fell by 7 % year-on-year, compared to a 5 % decrease in media post. The 
decline even reached a level of 12 % for direct mail items, due to the 
substantial impact of the lockdown measures in many sectors. 
In contrast, parcel volumes showed a positive development of +30 % in Austria, 
+27 % in the CEE region and +47 % in Turkey. In particular, the company 
succeeded in handling the enormous parcel volumes in the fourth quarter of 2020 
while, at the same time, maintaining high quality in delivery. This underlines 
the importance of Austrian Post's current capacity expansion programme. Sorting 
and distribution capacities will be further increased in 2021. 
 
According to preliminary figures, Group revenue of Austrian Post increased by 
8.3 % in 2020 to EUR 2,189m. The Turkish company Aras Kargo, fully consolidated 
since 25 August 2020, also contributed to growth with revenue of about EUR 100m. 
The increase in revenue excluding Aras Kargo is therefore 3.3 %. Revenue in the 
Mail Division accounted for EUR 1,222m (-7.4 %), in the Parcel & Logistics 
Division EUR 914m (+44.4 %; +28.4 % excl. Aras Kargo) and in the Retail & Bank 
Division EUR 65m (-19.7 %). 
In line with this revenue development, earnings before interest and tax (EBIT) 
are expected to be in the range of EUR 160m, compared to EUR 201m in 2019. The 
EBIT decline in the Mail and Retail & Bank Divisions are in contrast to a 
significant earnings improvement achieved by the Parcel & Logistics Division. In 
particular, Austrian Post managed to effectively cope with logistical 
bottlenecks arising in the fourth quarter, both in terms of volumes as well as 
costs. 
 
The figures are subject to the audit of the consolidated financial statements. 
The final annual result 2020 will be published on 12 March 2021. 
 
 
 
 
Further inquiry note: 
Austrian Post 
Ingeborg Gratzer 
Head of Press Relations & Internal Communications 
Tel.: +43 57767-32010 
presse@post.at 
 
 
Austrian Post 
Harald Hagenauer 
Head of Investor Relations, Group Auditing & Compli-ance 
Tel.: +43 57767-30400 
investor@post.at 
 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

January 22, 2021 09:42 ET (14:42 GMT)