EANS-News: AUSTRIAN POST Q1 2020 / Increased Revenue, Earnings with Special Effects in Line under Current Circumstances
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Quarterly Report
Vienna 14 May 2020 -
Revenue
* Revenue up by 2.1 % to EUR 502.9m
* Good parcel growth (+23.8 %) has offset the decline in the Mail Division (-4.6 %)
Earnings with special effects
* Reduced Group earnings (EBIT) of EUR 33.3m due to COVID-19 impact and start-up costs for bank99
o Mail negatively impacted by COVID-19, EBIT reduced by 15.8 %
o Parcel!-->…