In the year under review 2017, Swiss Post generated profit of 420 million francs. In the previous year, this figure was 558 million francs. The solid annual result was significantly influenced by the irregular accounting practices in segment accounting at subsidiary PostBus Ltd, which were first reported in February. Operating profit (EBIT) totalled 630 million francs last year, down 74 million francs year-on-year. Operating income fell to 7,987 million francs. Swiss Post nevertheless managed to record a profit in its core business.
Economic value added
Situation at PostBus impacts 2017 Group result
In the year under review 2017, Swiss Post generated profit of 420 million francs. In the previous year, this figure was 558 million francs. The solid annual result was significantly influenced by the irregular accounting practic...
Regions are important: Swiss Post builds parcel centers
By 2020, Swiss Post will invest around 150 million francs in the construction of three regional parcel centers, laying the foundations for the future in parcel processing. At the same time, this is Swiss Post’s response to two o...
Asendia invests in e-commerce
Since 2013, Asendia, the joint venture between France’s La Poste and Swiss Post, has held an interest in eShopWorld, an Irish company based in Dublin and offering e-commerce solutions. eShopWorld is currently considered the fast...
Three new skyscrapers at Basel railway station
Until a few years ago, Swiss Post’s real estate strategy was to sell all buildings no longer in use. Today, Swiss Post invests in its properties at prime locations, converting them into income properties. As it is doing in Basel...
Growth and innovation in the real estate sector
Providing Swiss Post’s units with needs-based space and services at market prices, and converting properties in prime locations that are no longer used by Swiss Post in order to lease them as income properties: this strategy ena...