In the first half of 2013, it achieved Group profit of 359 million francs (previous year: 412 million francs), which is normalized to take account of one-off items. The decline of 53 million francs is due to the Group result being fully subject to taxation for the first time following the conversion to the new legal form. The adjusted operating result (EBIT) rose to 556 million francs (previous year: 431 million francs). This increase of 125 million francs was achieved thanks to solid income on the financial and investment markets and good cost management. All four markets contributed to this good result.

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Source: Swiss Post