Österreichische Post AG Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 14, 2023
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Österreichische Post AG reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 706.2 million compared to EUR 685.4 million a year ago. Net income was EUR 43.4 million compared to EUR 47.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.61 compared to EUR 0.69 a year ago.
For the full year, the company reported sales was EUR 2,522 million compared to EUR 2,519.6 million a year ago. Net income was EUR 128.1 million compared to EUR 158.4 million a year ago. Basic earnings per share from continuing operations was EUR 1.86 compared to EUR 2.25 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 
