Business
POSTI: Strong cash flow and growth in logistics offset postal declines amid ongoing transformation
POSTI: Strong cash flow and growth in logistics offset postal declines amid ongoing transformation
About this update from Posti Group Oyj
Q1 saw a modest sales decline but strong cash flow and net profit, with growth in eCommerce and logistics offsetting postal volume drops. Operational efficiency, digitalization, and synergy programs are driving transformation, with further cost savings and price increases expected.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.