Oesterreichische Post warns of 'difficult' 2022, shares slide

Oesterreichische Post AG

11/03/2022 09:12

** Shares of Oesterreichische Post  POST.VI  are down 5.5%
after the Austrian postal service operator flagged a "difficult
outlook" for 2022 in a challenging market environment
 urn:newsml:reuters.com:*:nFWN2VD1D5
    ** It warns of economic headwinds in the first half of the
year, pointing to Russia's invasion of Ukraine fuelling
inflation and subdued consumer behaviour in many markets
    ** "The current political events pose major challenges to
the European population and companies," it says  urn:newsml:reuters.com:*:nEQ5nhvnZa
    ** Increased energy and raw material prices can also have an
indirect effect on its business model, the company adds
    ** The stock is the worst performer on Austria's ATX index
 .ATX 

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))