InPost reports 30% rise in fourth-quarter parcel volumes (updated)
21/01/2026 06:27
Adds comparison to InPost guidance in paragraph 5, analyst comments in paragraph 6, 7 and 8 Jan 21 (Reuters) - Parcel locker company InPost INPST.AS reported a 30% rise in fourth-quarter parcel volumes to a record 417.6 million on Wednesday, and said it was still assessing the indicative bid it received from an unnamed party earlier in January. It said a special committee continued to assess the offer for all InPost shares, as announced on January 6, while reiterating there was no assurance the proposal would lead to a transaction. InPost's increased deliveries were driven by strong business-to-consumer growth and momentum in its international marketplaces, supported by strategic acquisitions in Britain and Spain, it said. On the busiest day leading up to Christmas, it handled more than 15 million parcels across Europe. InPost is present in nine countries and operates one of the largest European networks of automated parcel machines (APMs). But in its home market Poland, its biggest by revenue and earnings, quarterly volumes rose just 5% to 220.2 million parcels, driven primarily by to-door deliveries. This was below InPost's earlier guidance for high-single-digit volume growth. "Volumes in Poland were weaker than expected," analysts from Jefferies said, noting that 36% growth in to-door deliveries was partly offset by a 1% drop for APMs, affected by high year-ago results. They added that volumes in Poland were "likely held back by insourcing from Allegro", InPost's key customer which has been developing its own delivery partner system. Analyst Piotr Bogusz from Erste Group noted that this indicates Allegro ALEP.WA is taking on more and more volume from InPost. InPost expanded its out-of-home network to 94,500 locations, with lockers representing 65% of these points. It added a record 14,200 new machines in 2025 and closed the year with a network of 61,196 APM locations. "In 2026, we remain focused on driving innovation, enhancing customer experience, and unlocking synergies across our network to deliver sustainable growth and value for all stakeholders," CEO Rafał Brzoska said in the trading statement. The group will report full fourth-quarter and annual results on March 18. (Reporting by Adrianna Ebert in Gdansk; Editing by Milla Nissi-Prussak) ((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))