Parcels deliver Aust Post a profit while letters lag
Australia’s postal service, a record number of parcels, providing more income for the company, increasing the return of pre -tax return to $ 18.8 million in three years in three years.
However, the letter continued to fall by losing $ 230 million last year, and only federal, state and local election materials were rescued from a greater decline.
On Friday, on Friday, 2025 full -year results, the post said that the letter business fell “permanent decrease ve and that postage prices should rise again.
The results also arrived after the expansion of the US tariffs, just a few days after the state’s network’s customers suspended the parcel deliveries to the USA.
The Australian Post’s pre -tax profit has been a significant development from the first and last year’s $ 88.5 million damage since 2022.
102.8 million Christmas parcel deliveries increased by 2.9 percent of the revenues and services obtained from the results and parcels rose to $ 7.64 billion.
Despite increasing competition from global technology companies such as Amazon and small logistics initiatives, parcel volumes increased by 2.6 percent despite increasing competition.
The Australians continued to send less letters throughout the year, and volumes decreased by 5.4 percent.
In April 2024, despite the increase in the basic mail rate of 30 cents and the movement to deliver letters on every second working day, the Australian post lost $ 230.4 million.
Paul Graham, General Manager of Australia Post, said that the state and federal elections were excluded from one time.
“Our letter service is in a permanent decline and we do not expect it to return to profit,” he said.
The company will need more postage increases to address the increasing cost of service.
The company invested a parcel processing facility at Melbourne Airport, the Blacktown Delivery Center in NSW and the parcel and letter facility in Narrandera in Regional NSW, including $ 371.9 million fleet, technology and facility.
Graham said he could not complain about the operation of Australia Post.
“The competition in the parcel market continues to be violent, and the global online market retailers increase their presence in Australia,” he said.
“Like many other global postal operators, we are facing winds throughout the sector.”
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