PostLogistics result
PostLogistics posted operating profit of 145 million francs in 2018, which was 26 million francs higher than the previous year’s level. This rise was mainly due to growth of 6.7 percent in parcel volumes, an impairment loss on assets in the previous year and lower rent and depreciation. Operating income totalled 1,678 million francs, exceeding the previous year’s total by 59 million francs. Operating expenses increased by 33 million francs year-on-year to 1,533 million francs.