Brief: Oesterreichische Post H1 Profit For The Period Up At 79.4 Million Euros

Oesterreichische Post AG

09/08/2019 06:33

Aug 9 (Reuters) - Oesterreichische Post AG  POST.VI :
    * H1 REVENUE INCREASE OF 2.7 % TO EUR 981.1M
    * H1 EBITDA EQUALLED EUR 162.2M, A YEAR-ON-YEAR INCREASE OF
EUR
17.9M
    * H1 EBIT UP BY 2.5 % TO EUR 107.7M, EBIT MARGIN OF 11.0 %
    * OUTLOOK 2019: SLIGHT INCREASE IN REVENUE FORECASTED FOR
2019
    * H1 GROUP'S PROFIT FOR PERIOD EQUALLED EUR 79.4M (+4.6 %)
    * TARGET OF STABLE OPERATING EARNINGS (EBIT) IN 2019
    * COMPANY WILL CONTINUE TO PRESS AHEAD WITH MEASURES
DESIGNED TO
REDUCE COSTS AND ENHANCE EFFICIENCY
    * SEES TRADITIONAL LETTER MAIL BUSINESS VOLUME DECLINES OF
ABOUT 5
% PER YEAR IN MEDIUM TERM

Source text for Eikon:  ID:nAPA1CyfM2 
Further company coverage:  POST.VI 

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