An Post not in crisis, says CEO, hitting out at 'reckless' report on company's finances

David McRedmond, chief executive officer, An Post. File picture

An Post CEO David McRedmond has condemned what he described as an “irresponsible leak” by a Cabinet minister, following media reports that suggested An Post’s financial health was more precarious than presented.

The postal service’s annual report was brought to Cabinet by communications minister Patrick O’Donovan yesterday. It showed that, while profits were up, there was an “inexorable decline” in overall mail numbers.