Swiss Post reported a consolidated profit of CHF 295 million last year.
That is CHF 157 million less than in the previous year.
The war in Ukraine also influenced the result.
Although the result was below that of the strong previous year, it continued to strengthen the balance sheet of the post office. The operating result amounted to CHF 358 million. Business was also impacted by additional costs due to high inflation, lower income due to the turnaround in interest rates and the decline in letter and parcel volumes.
Fewer letters and packages sent
The year brought a number of unexpected factors into play with the aftermath of the pandemic and the war in Ukraine. Both the parcel and letter volumes fell by around four percent compared to the previous year. The decline in parcel volumes has to do with depressed and very volatile consumer sentiment. This has fallen noticeably since the outbreak of the Ukraine war.
SRF 4 News, March 9, 2023, 10 a.m.; sda/odem; slim
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