Österreichische Post Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 02:27 pm EDT
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Österreichische Post AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was EUR 635.1 million compared to EUR 494.1 million a year ago. Net income was EUR 31.6 million compared to EUR 15.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.24 compared to EUR 0.47 a year ago. For the half year, total revenue was EUR 1,303.5 million compared to EUR 1,010.2 million a year ago. Net income was EUR 79.7 million compared to EUR 44.5 million a year ago. Basic earnings per share from continuing operations was EUR 0.66 compared to EUR 1.18 a year ago.
Osterreichische Post AG specializes in mail collection, routing, and delivery services. Net sales (including intragroup) break down by activity as follows:
- mail collection and delivery (44.4%; No. 1 in Austria): letters, postcards, ads and publicity materials, newspapers, etc. The group also offers stamps telecommunication and financial products and services (savings accounts, insurance, loans, etc.);
- parcel delivery (44.1%): operating in Austria, Germany, Slovakia and Croatia. Osterreichische Post AG also offers logistical services and express shipping;
- other (0.1%).
The remaining sales (11.4%) are from the retail banking activity.
Net sales are distributed geographically as follows: Austria (81.2%), Turkey (10%), Germany (2.1%) and other (6.7%).
OSTERREICHISCHE POST AG 
