"The volumes of Itella Logistics were impacted by the economic recession and the tight competition in the transport industry. The full-year operating result was affected by significant non-recurring items." See more
Source: Itella
Itella’s result for 2013 weakened by declining volumes
"The year 2013 was very challenging for Itella. Itella's result decreased from the previous year and showed a loss before taxes. The result was weakened by the drastic transformation of the postal industry, which was reflected in the strong decline in the delivery volumes of traditional letters, newspapers and magazines in Itella Mail Communications." - Heikki Malinen, President and CEO
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