Growth in e-commerce helps deliver 13% revenue rise to An Post

An Post said the performance was driven by e-commerce growth of more than 30% year-on-year, together with increases across all business lines.

Revenue at An Post increased by 13% over the first half of this year as the continued decline in traditional mail volumes was offset by increases across all other business lines, including a 30% growth in e-commerce.

According to the company's half-year results, it generated €555m in revenue between January and June — up €64m compared to the same period last year — with earnings before interest, taxes, depreciation and amortization reaching €33m, an increase of €21m.

An Post said the performance was driven by e-commerce growth of more than 30% year-on-year, together with increases across all business lines.

The company said the “strong performance reflects the continued successful implementation of its strategy, with eCommerce becoming an increasingly important part of An Post’s trading mix”.

“The post office network also continues to show resilience, supported by the new Department of Social Protection contract, increased parcel volumes across the counter, and growth in financial services,” it added.

Traditional mail volumes declined by 10.7% but this was offset by price increases.

On July 1, the EU implemented a €3 fee on low-value e-commerce imports from outside the bloc, but particularly from China, that previously entered the bloc duty-free. The move is another setback for platforms that used customs exemptions to sell goods at ultra-low prices.

The fees are now being charged for each customs classification in a shipment. A parcel containing three different types of item would incur a total charge of €9, while a parcel containing multiple dresses or multiple toys would be charged €3.

An Post said early indications show that this new tariff regime will result in a “marginal softening” in parcel growth to 27% year-on-year in the first two weeks of July, as “supply chains adjust, more parcels originate from EU-based hubs, and major e-tailers from outside the EU absorb some of the tariff costs”.

Chief executive of An Post David McRedmond said the company is on track to deliver a full year of “strong, profitable growth”.

“Our challenges are now about infrastructure and capacity. It is essential that decisions are approved rapidly for the proposed National Parcel Centre and for the increase in An Post’s borrowing cap, so that we can continue to support Ireland’s rapidly growing e-commerce economy.” 

This update was provided at An Post’s 2026 Annual General Meeting which was Mr McRedmond’s final AGM and final official statement as chief executive of the company.