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Logistics provides growth for Norway Post

Norway Post's revenues increased by MNOK 321 in the first three quarters of the year compared with the same period last year. Despite this, operating profits (EBITE) fell by MNOK 221 as of the third quarter.

The logistics sector accounted for 60 per cent of revenues for the Group.  More parcels, an increase in activity in the Offshore and Energy area along with acquisitions resulted in a growth in revenues. The postal sector experienced a decline in revenues due to declining volumes for both addressed and unaddressed mail.

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Source: Posten Norge

 
   
         
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