PostLogistics result

Online retail is growing strongly, and so in turn are parcel volumes: PostLogistics delivered around 130 mil­lion parcels in 2017. This represents growth of 6.2 percent year-on-year. However, the boom in e-commerce has also resulted in new competitors forcing their way into the increasingly attractive market, significantly increasing the pressure on prices. Despite this difficult environment, PostLogistics recorded an operating profit of 119 million francs, up 2 million francs year-on-year. Operating income stood at 1,619 million francs (previous year: 1,572 million francs). As Swiss Post anticipates continued growth in online business and a resulting increase in parcel volumes, it is planning to invest around 150 million francs in the construction of three new regional parcel centers by 2020. Swiss Post expects to build additional regional parcel centers in other regions. However, the number of future locations is currently still undecided.