Business
POSTI: Q3 saw record profitability from efficiency gains, offsetting lower sales and boosting parcel growth
POSTI: Q3 saw record profitability from efficiency gains, offsetting lower sales and boosting parcel growth
About this update from Posti Group Oyj
Operational efficiency drove record adjusted EBITDA and EBIT margins in Q3, despite a 3.9% sales decline year-over-year, mainly from discontinued unaddressed marketing services. Parcel volumes grew 8%, led by re-commerce, while B2B demand stayed weak.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.