An Post earnings jump on parcel growth

Parcel shipping and post office footfall are on the rise, and An Post also grew its banking services

An Post CEO David McRedmond and CFO Peter Quinn at its AGM at The EXO building on Dublin’s North Wall Quay on Thursday. Picture: Maxwells

An increase in parcel shipping, post office footfall, and retail income helped An Post to a 4% rise in revenues to €922.9m last year.

The growth was offset by a 6.1% decline in traditional letter volumes in 2023.