Austrian Post’s revenue rose 4.3% to €2.31 billion from January through September, driven by its e-commerce and logistics division, which grew 11.1% to €1.37 billion. Parcel volumes in Austria climbed 7%, and the two e-fulfillment companies Austrian Post bought this year, euShipments.com and FHB Group, added about €45 million. That parcel growth is now making up for a mail business in steady decline, where letter volumes fell 8.5% and revenue dropped 6.2%. Austrian Post expects parcels to stay under pressure for the next few quarters, saying customs duties and fees in Austria and abroad have made e-commerce volumes weak and unpredictable.
