Swiss Post expects a ‘significant’ decline in profits

According to interim CEO Alex Glanzmann, Swiss Post is expecting a significant drop in profits compared to last year. + Get the most important news from Switzerland in your inbox "We are expecting a low three-digit million figure", said Glanzmann in an interview with Swiss German-language newspaper SonntagsBlick. Swiss Post generated a Group profit of CHF324 million in 2024 ($407 million). It thus increased its result by CHF70 million compared to the previous year, as announced in March. When it published its half-year figures in August, Swiss Post had to announce a fall in profit. The operating result fell by 29% in the first half of 2025 to CHF118 million. Profit fell by 44% cent to CHF74 million. + Swiss post sets out to reinvent the post office The main reasons for the half-year results were the continuing decline in letter volumes, newspapers and over-the-counter business as well as rising costs, it was reported in the summer. The utilisation of PostBus and the parcel market ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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