EQS-News: AUSTRIAN POST IN H1 2026: Revenue increase despite challenging market environment; Growth in e-commerce and declining mail business
EQS-News: AUSTRIAN POST IN H1 2026: Revenue increase despite challenging market environment; Growth in e-commerce and declining mail business
EQS-News: Österreichische Post AG / Key word(s): Half Year Results
AUSTRIAN POST IN H1 2026: Revenue increase despite challenging market
environment; Growth in e-commerce and declining mail business
07.08.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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AUSTRIAN POST IN H1 2026:
Revenue increase despite challenging market environment;
Growth in e-commerce and declining mail business
Challenging geopolitical and economical market environment
• Cost pressure and digitisation initiatives among key customer groups
• E-commerce market continues to grow, letter mail volumes under
pressure
H1 Group revenue +3.8 % to EUR 1,544.0m
• Revenue increase in E‑Commerce & Logistics (+11.5 % to EUR 910.9m)
supported by new e-commerce provider euShipments.com
• Mail, Branch & Services revenue of EUR 566.1m (–7.4 %) amid ongoing
structural transformation in mail and realignment of the company’s
telecommunications business
• Bank division with net interest income of EUR 37.7m (+14.9 %)
Earnings in H1 below the prior-year level as expected; positive momentum
in H2 expected
• EBITDA of EUR 187.7m (–5.9 %); EBIT of EUR 73.3m (–22.0 %)
• Momentum in H2 driven by product and pricing adjustments as well as
e-commerce fulfilment
Strategy implementation with strong momentum
• Self-service expansion has created the densest postal network in
Austrian Post’s history, with 3,000 postal points throughout Austria
• bank99: product expansion and profitable growth trajectory
• Strong market launch of YELLLOW with solid customer acquisition in the
initial months
• International expansion through acquisitions: growth in the parcel
business in Serbia with D Express and strengthening of the fulfilment
business through euShipments.com in Bulgaria
2026 outlook unchanged
• Slight revenue growth expected for the full year 2026
• Target to generate operating earnings in the range of previous years
• Uncertainty due to customs duties and fees in the e-commerce business
CHALLENGING MARKET ENVIRONMENT IMPACTS THE POSTAL SECTOR
Challenging geopolitical and economic environment prevails in 2026. This
has consequences in terms of cost pressure and digitisation by business
customers, public authorities and institutions as well as influences
consumer purchasing behaviour. With this the profound change towards
declining mail volumes continues while parcel volumes continue to
increase. Austrian Post addresses these trends in Austria through an
extensive service offering of postal, logistics and financial services as
well as new internet and mobile phone services. In domestic and
international e-commerce business, the focus on e-fulfilment is becoming
increasingly significant. Furthermore, the market environment in the
parcel business remains challenging and highly competitive.
REVENUE AND EARNINGS DEVELOPMENT IN LINE WITH EXPECTATIONS
Austrian Post generated revenue of EUR 1,544.0m in the first half of 2026,
implying an increase of 3.8 % from the previous year. The E‑Commerce &
Logistics division was the growth driver once again, benefitting from
sustained momentum in online retail and a strong market position in
Austria. Divisional revenue was up by 11.5 % to EUR 910.9m. The company’s
parcel volumes in Austria increased by 9 %, thus considerably
outperforming the market. Additional momentum was provided by the
e-commerce fulfilment business with the initial consolidation of the
e-commerce provider euShipments.com, which has been part of Austrian Post
Group since March 2026.
“Despite a challenging market environment, we were able to increase our
revenue. At the same time, we are consistently driving forward the
strategic transformation of our Group through investments in new business
areas, international expansion and further development of our
infrastructure,” states Walter Oblin, CEO of Austrian Post.
As forecast, earnings for the first half of the year were below the
prior-year level. EBITDA totalled EUR 187.7m (–5.9 %), while earnings
before interest and taxes (EBIT) was at EUR 73.3m (–22.0 %). Earnings were
particularly affected by the accelerated decline in mail business, the
transformation of the telecommunications business and the fierce
competition in international markets. Furthermore, regulatory measures
impacted volume developments of Asian online retailers in the Turkish
e-commerce market.
STRATEGIC DEVELOPMENTS: NEW BUSINESS AREAS AND EXPANSION STRENGTHEN
AUSTRIAN POST
Strategic milestones in Austria in the first half-year 2026 included the
successful launch of Austrian Post’s own mobile phone brand YELLLOW and
the ongoing positive development of bank99. bank99 generated EBIT of
EUR 4.2m in the first half of 2026 and started its securities custody
business in July 2026. Since its market launch in April, the mobile phone
brand YELLLOW has achieved a very good customer ramp-up. The company is
consistently investing in service quality and infrastructure in its
Austrian domestic market. The 3,000^th postal point in Austria was opened
in the first half of the year, and the network will grow further to more
than 3,100 locations by the end of 2026. Usage of self-service postal
stations continues to achieve dynamic growth, underlining the high level
of acceptance of modern, 24/7 services. “Austrian Post considers itself to
be a reliable provider of essential everyday services, even in a changing
market environment,” says CEO Walter Oblin. “With bank99, we have
succeeded in becoming a recognised and profitable financial services
provider in just five years,” he adds.
Austrian Post is also consistently pursuing its growth strategy
internationally. The takeover of Serbian parcel service provider D Express
was formally signed at the end of July. This acquisition enables Austrian
Post to strengthen its market position in Southeast and Eastern Europe and
strategically expand its international parcel network. In its Logistics
Solution business, Austrian Post is expanding its integrated service
offering along the entire e-commerce value chain through its investment in
the e-commerce provider euShipments.com, which was fully consolidated on
6 March 2026. The offering ranges from fulfilment and storage logistics to
cross-border transport solutions and last mile delivery. This enables
shippers to access even more comprehensive logistics and fulfilment
services from a single source in future.
INVESTMENTS AND NEW GROWTH DRIVERS STRENGTHEN THE OUTLOOK
Austrian Post reconfirms its outlook for the 2026 financial year despite
the challenging conditions in the mail and parcel markets. The company
continues to expect a slight revenue increase for the entire year 2026.
Upper single digit growth in the parcel business is predicted. However, a
slowdown in the development of the cross-border e-commerce business is
expected in the second half of the year due to numerous national and
international customs duties and fees. Revenue in the letter mail and
direct mail business is likely to continue declining in the mid-single
digit range. A slight rise in revenue is expected in the financial
services business (Bank division), driven by an expanded product
portfolio. The base case EBIT assumption remains unchanged to achieve
operating earnings in the range of recent years. Positive momentum is
anticipated in the second half of 2026, especially from product and price
adjustments as well as the increased focus on e-commerce fulfilment.
Investments (CAPEX) are still expected to range between EUR 140m and
EUR 160m in 2026. Key areas of investment include the modernisation and
expansion of logistics facilities, the continued rollout of the parcel
locker network in Southeast and Eastern Europe, and electrification of the
delivery fleet.
Vienna, 7 August 2026
CONTACTS
Austrian Post Austrian Post
Press-Team Harald Hagenauer, Head of Investor Relations
Tel.: +43 (0) 57767-32010 Tel.: +43 (0) 57767-30400
presse@post.at investor@post.at
KEY FIGURES
Change
H1 Q2
EUR m 2025^1 H1 2026 % EUR m 2025^1 Q2 2026
Revenue 1,488.1 1,544.0 3.8 % 55.9 724.6 773.3
Mail, Branch & Services 611.0 566.1 –7.4 % –44.9 297.3 276.1
E‑Commerce & Logistics 817.0 910.9 11.5 % 93.9 398.7 463.5
Bank 73.3 71.3 –2.7 % –2.0 35.1 36.0
Corporate/Consolidation –13.2 –4.3 67.7 % 8.9 –6.5 –2.3
Other operating income 60.1 65.3 8.7 % 5.2 28.1 33.3
Raw materials, consumables
and services used –429.5 –478.3 –11.4 % –48.8 –207.5 –243.4
Expenses from financial
services –22.6 –17.4 22.7 % 5.1 –9.7 –8.8
Staff costs –699.0 –723.2 –3.5 % –24.1 –338.8 –355.4
Other operating expenses –202.8 –210.1 –3.6 % –7.3 –100.2 –108.0
Results from financial assets
accounted for using the
equity method 1.9 1.3 –30.7 % –0.6 0.9 0.0
Net monetary gain 3.2 6.1 89.6 % 2.9 0.4 2.8
EBITDA 199.4 187.7 –5.9 % –11.7 97.8 93.9
Depreciation, amortisation
and impairment losses –105.4 –114.4 –8.6 % –9.0 –52.2 –57.4
EBIT 94.0 73.3 –22.0 % –20.7 45.6 36.5
Mail, Branch & Services 69.8 48.7 –30.3 % –21.1 32.4 21.1
E‑Commerce & Logistics 32.1 27.5 –14.3 % –4.6 13.5 15.1
Bank 1.8 4.2 >100 % 2.4 2.4 1.6
Corporate/Consolidation^2 –9.7 –7.1 27.0 % 2.6 –2.7 –1.4
Financial result –1.8 –32.2 <-100 % –30.4 –4.1 –18.0
Financial result excl.
valuation of put-option
liabilities^3 –5.2 –10.0 –92.6 % –4.8 –3.1 –4.8
Profit before tax 92.2 41.1 –55.4 % –51.1 41.5 18.5
Income tax –23.8 –18.3 23.2 % 5.5 –12.7 –11.0
Profit for the period 68.4 22.8 –66.7 % –45.6 28.8 7.5
Earnings per share (EUR)^4 0.99 0.32 –67.4 % –0.67 0.43 0.10
Earnings per share excl.
valuation of put-option
liabilities (EUR)^3,4 0.94 0.65 –30.6 % –0.29 0.44 0.30
Gross cash flow 158.3 139.0 –12.2 % –19.3 76.9 68.3
Cash flow from operating
activities 28.6 10.8 –62.4 % –17.9 –35.4 –126.9
CAPEX 41.3 44.7 8.3 % 3.4 16.5 24.2
Free cash flow 29.6 –31.7 <–100 % –61.3 –15.6 –59.5
Operating free cash flow^5 150.1 116.6 –22.3 % –33.5 33.4 43.2
^1 Adjusted to reflect the new segment structure effective 1 January 2026
^2 Includes the intra-Group cost allocation procedure
^3 Valuation of financial parameters of 20 % put-option for Aras Kargo,
30 % put-option for euShipments.com, 20 % put-option for Agile Actors
^4 Undiluted earnings per share in relation to 67,552,638 shares
^5 Free cash flow before acquisitions, money market investments, growth
CAPEX, CBA and cash held temporarily
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07.08.2026 CET/CEST This Corporate News was distributed by [1]EQS Group
View original content: [2]EQS News
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Language: English
Company: Österreichische Post AG
Rochusplatz 1
1030 Vienna
Austria
Phone: +43 577 67 – 30400
E-mail: investor@post.at
Internet: www.post.at
ISIN: AT0000APOST4
WKN: A0JML5
Listed: Vienna Stock Exchange (Official Market)
LEI Code: 529900MVUWACNUTK8467
EQS News ID: 2378644
End of News EQS News Service
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