?sterreichische Post AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 11:32 am EST
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?sterreichische Post AG reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EUR 563.8 million compared to EUR 509.8 million a year ago. Revenue was EUR 586.4 million compared to EUR 531.6 million a year ago. Net income was EUR 26.2 million compared to EUR 25.3 million a year ago. Basic earnings per share from continuing operations was EUR 0.39 compared to EUR 0.37 a year ago. Diluted earnings per share from continuing operations was EUR 0.39 compared to EUR 0.37 a year ago.
For the nine months, sales was EUR 1,811.9 million compared to EUR 1,485.5 million a year ago. Revenue was EUR 1,889.8 million compared to EUR 1,541.9 million a year ago. Net income was EUR 105.9 million compared to EUR 69.7 million a year ago. Basic earnings per share from continuing operations was EUR 1.57 compared to EUR 1.03 a year ago. Diluted earnings per share from continuing operations was EUR 1.57 compared to EUR 1.03 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 
