Business
POSTI: Adjusted EBITDA up 15% year-over-year despite 3.3% net sales decline; parcel volumes rose 4%
POSTI: Adjusted EBITDA up 15% year-over-year despite 3.3% net sales decline; parcel volumes rose 4%
About this update from Posti Group Oyj
Net sales declined 3.3% year-over-year, but adjusted EBITDA rose to EUR 153.5 million with improved margins. Parcel volumes grew 4%, while addressed letter volumes fell 13%. 2024 net sales are expected to decrease, but adjusted EBITDA is forecast to increase.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.