EQS-News: AUSTRIAN POST IN H1 2026: Revenue increase despite challenging market environment; Growth in e-commerce and declining mail business

EQS-News: Österreichische Post AG / Key word(s): Half Year Results
   AUSTRIAN POST IN H1 2026: Revenue increase despite challenging market
   environment; Growth in e-commerce and declining mail business

   07.08.2026 / 07:30 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   AUSTRIAN POST IN H1 2026:

   Revenue increase despite challenging market environment; 
   Growth in e-commerce and declining mail business

    

   Challenging geopolitical and economical market environment

     • Cost pressure and digitisation initiatives among key customer groups
     • E-commerce market continues to grow, letter mail volumes under
       pressure

   H1 Group revenue +3.8 % to EUR 1,544.0m

     • Revenue increase in E‑Commerce & Logistics (+11.5 % to EUR 910.9m)
       supported by new e-commerce provider euShipments.com
     • Mail, Branch & Services revenue of EUR 566.1m (–7.4 %) amid ongoing
       structural transformation in mail and realignment of the company’s
       telecommunications business
     • Bank division with net interest income of EUR 37.7m (+14.9 %)

   Earnings in H1 below the prior-year level as expected; positive momentum
   in H2 expected

     • EBITDA of EUR 187.7m (–5.9 %); EBIT of EUR 73.3m (–22.0 %)
     • Momentum in H2 driven by product and pricing adjustments as well as
       e-commerce fulfilment

   Strategy implementation with strong momentum 

     • Self-service expansion has created the densest postal network in
       Austrian Post’s history, with 3,000 postal points throughout Austria
     • bank99: product expansion and profitable growth trajectory
     • Strong market launch of YELLLOW with solid customer acquisition in the
       initial months
     • International expansion through acquisitions: growth in the parcel
       business in Serbia with D Express and strengthening of the fulfilment
       business through euShipments.com in Bulgaria

   2026 outlook unchanged

     • Slight revenue growth expected for the full year 2026
     • Target to generate operating earnings in the range of previous years
     • Uncertainty due to customs duties and fees in the e-commerce business 

    

    

   CHALLENGING MARKET ENVIRONMENT IMPACTS THE POSTAL SECTOR

   Challenging geopolitical and economic environment prevails in 2026. This
   has consequences in terms of cost pressure and digitisation by business
   customers, public authorities and institutions as well as influences
   consumer purchasing behaviour. With this the profound change towards
   declining mail volumes continues while parcel volumes continue to
   increase. Austrian Post addresses these trends in Austria through an
   extensive service offering of postal, logistics and financial services as
   well as new internet and mobile phone services. In domestic and
   international e-commerce business, the focus on e-fulfilment is becoming
   increasingly significant. Furthermore, the market environment in the
   parcel business remains challenging and highly competitive.

    

   REVENUE AND EARNINGS DEVELOPMENT IN LINE WITH EXPECTATIONS

   Austrian Post generated revenue of EUR 1,544.0m in the first half of 2026,
   implying an increase of 3.8 % from the previous year. The E‑Commerce &
   Logistics division was the growth driver once again, benefitting from
   sustained momentum in online retail and a strong market position in
   Austria. Divisional revenue was up by 11.5 % to EUR 910.9m. The company’s
   parcel volumes in Austria increased by 9 %, thus considerably
   outperforming the market. Additional momentum was provided by the
   e-commerce fulfilment business with the initial consolidation of the
   e-commerce provider euShipments.com, which has been part of Austrian Post
   Group since March 2026.

   “Despite a challenging market environment, we were able to increase our
   revenue. At the same time, we are consistently driving forward the
   strategic transformation of our Group through investments in new business
   areas, international expansion and further development of our
   infrastructure,” states Walter Oblin, CEO of Austrian Post.

    

   As forecast, earnings for the first half of the year were below the
   prior-year level. EBITDA totalled EUR 187.7m (–5.9 %), while earnings
   before interest and taxes (EBIT) was at EUR 73.3m (–22.0 %). Earnings were
   particularly affected by the accelerated decline in mail business, the
   transformation of the telecommunications business and the fierce
   competition in international markets. Furthermore, regulatory measures
   impacted volume developments of Asian online retailers in the Turkish
   e-commerce market.

    

   STRATEGIC DEVELOPMENTS: NEW BUSINESS AREAS AND EXPANSION STRENGTHEN
   AUSTRIAN POST

   Strategic milestones in Austria in the first half-year 2026 included the
   successful launch of Austrian Post’s own mobile phone brand YELLLOW and
   the ongoing positive development of bank99. bank99 generated EBIT of
   EUR 4.2m in the first half of 2026 and started its securities custody
   business in July 2026. Since its market launch in April, the mobile phone
   brand YELLLOW has achieved a very good customer ramp-up. The company is
   consistently investing in service quality and infrastructure in its
   Austrian domestic market. The 3,000^th postal point in Austria was opened
   in the first half of the year, and the network will grow further to more
   than 3,100 locations by the end of 2026. Usage of self-service postal
   stations continues to achieve dynamic growth, underlining the high level
   of acceptance of modern, 24/7 services. “Austrian Post considers itself to
   be a reliable provider of essential everyday services, even in a changing
   market environment,” says CEO Walter Oblin. “With bank99, we have
   succeeded in becoming a recognised and profitable financial services
   provider in just five years,” he adds.

    

   Austrian Post is also consistently pursuing its growth strategy
   internationally. The takeover of Serbian parcel service provider D Express
   was formally signed at the end of July. This acquisition enables Austrian
   Post to strengthen its market position in Southeast and Eastern Europe and
   strategically expand its international parcel network. In its Logistics
   Solution business, Austrian Post is expanding its integrated service
   offering along the entire e-commerce value chain through its investment in
   the e-commerce provider euShipments.com, which was fully consolidated on
   6 March 2026. The offering ranges from fulfilment and storage logistics to
   cross-border transport solutions and last mile delivery. This enables
   shippers to access even more comprehensive logistics and fulfilment
   services from a single source in future.

    

   INVESTMENTS AND NEW GROWTH DRIVERS STRENGTHEN THE OUTLOOK 

   Austrian Post reconfirms its outlook for the 2026 financial year despite
   the challenging conditions in the mail and parcel markets. The company
   continues to expect a slight revenue increase for the entire year 2026.
   Upper single digit growth in the parcel business is predicted. However, a
   slowdown in the development of the cross-border e-commerce business is
   expected in the second half of the year due to numerous national and
   international customs duties and fees. Revenue in the letter mail and
   direct mail business is likely to continue declining in the mid-single
   digit range. A slight rise in revenue is expected in the financial
   services business (Bank division), driven by an expanded product
   portfolio. The base case EBIT assumption remains unchanged to achieve
   operating earnings in the range of recent years. Positive momentum is
   anticipated in the second half of 2026, especially from product and price
   adjustments as well as the increased focus on e-commerce fulfilment.

    

   Investments (CAPEX) are still expected to range between EUR 140m and
   EUR 160m in 2026. Key areas of investment include the modernisation and
   expansion of logistics facilities, the continued rollout of the parcel
   locker network in Southeast and Eastern Europe, and electrification of the
   delivery fleet.

    

    

   Vienna, 7 August 2026

    

    

   CONTACTS                                                                
   Austrian Post             Austrian Post
   Press-Team                Harald Hagenauer, Head of Investor Relations
   Tel.: +43 (0) 57767-32010 Tel.: +43 (0) 57767-30400
   [email protected]            [email protected]

    

    

   KEY FIGURES

                                                        Change               
                                      H1                           Q2
   EUR m                          2025^1 H1 2026       % EUR m 2025^1 Q2 2026
                                                                       
   Revenue                       1,488.1 1,544.0   3.8 %  55.9  724.6   773.3
   Mail, Branch & Services         611.0   566.1  –7.4 % –44.9  297.3   276.1
   E‑Commerce & Logistics          817.0   910.9  11.5 %  93.9  398.7   463.5
   Bank                             73.3    71.3  –2.7 %  –2.0   35.1    36.0
   Corporate/Consolidation         –13.2    –4.3  67.7 %   8.9   –6.5    –2.3
   Other operating income           60.1    65.3   8.7 %   5.2   28.1    33.3
   Raw materials, consumables
   and services used              –429.5  –478.3 –11.4 % –48.8 –207.5  –243.4
   Expenses from financial
   services                        –22.6   –17.4  22.7 %   5.1   –9.7    –8.8
   Staff costs                    –699.0  –723.2  –3.5 % –24.1 –338.8  –355.4
   Other operating expenses       –202.8  –210.1  –3.6 %  –7.3 –100.2  –108.0
   Results from financial assets
   accounted for using the
   equity method                     1.9     1.3 –30.7 %  –0.6    0.9     0.0
   Net monetary gain                 3.2     6.1  89.6 %   2.9    0.4     2.8
   EBITDA                          199.4   187.7  –5.9 % –11.7   97.8    93.9
   Depreciation, amortisation
   and impairment losses          –105.4  –114.4  –8.6 %  –9.0  –52.2   –57.4
   EBIT                             94.0    73.3 –22.0 % –20.7   45.6    36.5
   Mail, Branch & Services          69.8    48.7 –30.3 % –21.1   32.4    21.1
   E‑Commerce & Logistics           32.1    27.5 –14.3 %  –4.6   13.5    15.1
   Bank                              1.8     4.2  >100 %   2.4    2.4     1.6
   Corporate/Consolidation^2        –9.7    –7.1  27.0 %   2.6   –2.7    –1.4
   Financial result                 –1.8   –32.2 <-100 % –30.4   –4.1   –18.0
   Financial result excl.
   valuation of put-option
   liabilities^3                    –5.2   –10.0 –92.6 %  –4.8   –3.1    –4.8
   Profit before tax                92.2    41.1 –55.4 % –51.1   41.5    18.5
   Income tax                      –23.8   –18.3  23.2 %   5.5  –12.7   –11.0
   Profit for the period            68.4    22.8 –66.7 % –45.6   28.8     7.5
   Earnings per share (EUR)^4       0.99    0.32 –67.4 % –0.67   0.43    0.10
   Earnings per share excl.
   valuation of put-option
   liabilities (EUR)^3,4            0.94    0.65 –30.6 % –0.29   0.44    0.30
                                                                             
   Gross cash flow                 158.3   139.0 –12.2 % –19.3   76.9    68.3
   Cash flow from operating
   activities                       28.6    10.8 –62.4 % –17.9  –35.4  –126.9
   CAPEX                            41.3    44.7   8.3 %   3.4   16.5    24.2
   Free cash flow                   29.6   –31.7 <–100 % –61.3  –15.6   –59.5
   Operating free cash flow^5      150.1   116.6 –22.3 % –33.5   33.4    43.2

   ^1 Adjusted to reflect the new segment structure effective 1 January 2026
   ^2 Includes the intra-Group cost allocation procedure
   ^3 Valuation of financial parameters of 20 % put-option for Aras Kargo,
   30 % put-option for euShipments.com, 20 % put-option for Agile Actors
   ^4 Undiluted earnings per share in relation to 67,552,638 shares
   ^5 Free cash flow before acquisitions, money market investments, growth
   CAPEX, CBA and cash held temporarily

   ══════════════════════════════════════════════════════════════════════════

   07.08.2026 CET/CEST This Corporate News was distributed by [1]EQS Group

   View original content: [2]EQS News

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Österreichische Post AG
                Rochusplatz 1
                1030 Vienna
                Austria
   Phone:       +43 577 67 - 30400
   E-mail:      [email protected]
   Internet:    www.post.at
   ISIN:        AT0000APOST4
   WKN:         A0JML5
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900MVUWACNUTK8467
   EQS News ID: 2378644


    
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