Press Release

Solid start to a demanding year: Swiss Post meets challenges with a clear strategy

Swiss Post’s recorded a solid performance in the first quarter of 2025. As expected, however, the results were below the previous year’s figures. Operating profit (EBIT) fell by 30 million to 57 million francs. At 36 million francs, Group profit was also lower.

This is mainly due to increased costs and the ongoing decline in letter volumes. In this challenging environment, Swiss Post is continually modernizing its products and services and adapting them to the real needs of its customers. Swiss Post intends to continue ensuring a high-quality, self-financed universal service in the future and to make everyday life easier for people in Switzerland.

Financially stable in a challenging environment

Swiss Post customers are increasingly using online services. In the first quarter of the year, this again led to a fall in the number of over-the-counter payments and fewer letters sent. These trends underline that the core business is changing inexorably. The results are also impacted by the uncertain global economic situation, higher costs and the volatile interest rate environment. Despite the challenging environment, Swiss Post achieved operating profit (EBIT) of 57 million francs in the first three months. This represents a decrease of 30 million francs year-on-year. Group profit was down by 48 million francs to 36 million francs. Operating revenue stands at 1,830 million francs (–4.7 percent). In the first quarter, free cash flow remained at the previous year’s level. This enabled Swiss Post to finance its investments entirely from its current business, which continues to highlight its financial stability.

More parcels despite subdued consumer confidence

Parcel volume trends in the first quarter are positive. Despite ongoing subdued consumer confidence, Swiss Post transported more parcels (+4.2 percent) compared to the previous year. Letter volumes were down by –4.6 percent due to ongoing digitization. For over-the-counter payments at post offices, the decline stands at –8.4 percent. These trends in over-the-counter transactions and letters are set to continue. Commenting on the results, Björn Walker, Swiss Post's Interim Head of Finance says: “We are operating in an extremely demanding environment. We're addressing these challenges systematically with our forward-looking “Swiss Post of tomorrow” strategy. In this transformation process, it's hugely important for Swiss Post to continue to be financially stable, to work on efficiency and to retain its capacity to act. Targeted investments are also crucial, as are regulatory provisions that reflect today’s environment. The Federal Council has taken the first important steps in this direction.”

Swiss Post is making ongoing investments in modern and sustainable services

Swiss Post is continuing to pursue its path of transformation and the “Swiss Post of tomorrow” strategy. A nationwide universal service can only be provided without taxpayers’ money if the company is able to adapt to societal and economic developments. In a dynamic environment, it also wants to remain a strong, customer-centric partner for Switzerland. That's why it is making targeted investments in modern physical and digital products and services that are used by its customers. In the first quarter of 2025, for example, Swiss Post modernized the range of services available in its branches and introduced new video consultation formats in 20 branches, including branches with partners. It continued to refine its digital solutions, including new mobile access to the electronic patient record. In goods logistics, the existing brands and services were brought together under the new Swiss Post Cargo brand to create a strong, unified market presence. In mobility, Swiss Post initiated the electrification of the PostBus fleet in the Zurich Transport Network. This is a major step in its sustainability strategy and the transformation of public transport services. Since the introduction of its new strategy in January 2025, PostFinance has been focusing more consistently than ever on the needs of its customers, strengthening its position in the market.

Group key figuresUnitFull year 20241st quarter 20241st quarter 2025
Group key figures
Operating income
Unit
CHF million
Full year 2024
7,626
1st quarter 2024
1,920
1st quarter 2025
1,830
Group key figures
Operating profit (EBIT) 
Unit
CHF million
Full year 2024
401
1st quarter 2024
87
1st quarter 2025
57
Group key figures
Group profit
Unit
CHF million
Full year 2024
324
1st quarter 2024
84
1st quarter 2025
36
Group key figures
Total assets
Unit
CHF million
Full year 2024
112,055
1st quarter 2024
116,427
1st quarter 2025
112,690
Group key figures
Equity
Unit
CHF million
Full year 2024
10,631
1st quarter 2024
10,404
1st quarter 2025
10,627
Group key figures
Investments
Unit
CHF million
Full year 2024
614
1st quarter 2024
94
1st quarter 2025
82
Group key figures
Headcount at Swiss Post Group 
Unit
FTEs 
Full year 2024
35,106
1st quarter 2024
34,974
1st quarter 2025
35,535
PostFinance Ltd key figuresUnitFull year 20241st quarter 20241st quarter 2025
PostFinance Ltd key figures
Customer assets
Unit
CHF million
Full year 2024
106,642
1st quarter 2024
104,164
1st quarter 2025
107,087
PostFinance Ltd key figures
Growth in customer assets 
Unit
CHF million
Full year 2024
2,571
1st quarter 2024
93
1st quarter 2025
445
PostFinance Ltd key figures
Non-interest-sensitive customer assets
Unit
CHF million
Full year 2024
20,265
1st quarter 2024
19,070
1st quarter 2025
21,203
PostFinance Ltd key figures
Mortgages 
Unit
CHF million
Full year 2024
6,175
1st quarter 2024
6,069
1st quarter 2025
6,210
PostFinance Ltd key figures
Headcount
Unit
FTEs 
Full year 2024
3,486
1st quarter 2024
3,434
1st quarter 2025
3,524

Selected key figures per segment

Operating income (CHF million)1st quarter 20241st quarter 2025
Operating income (CHF million)
Logistics Services
1st quarter 2024
1,110
1st quarter 2025
1,061
Operating income (CHF million)
Digital Services
1st quarter 2024
43
1st quarter 2025
72
Operating income (CHF million)
PostalNetwork
1st quarter 2024
133
1st quarter 2025
145
Operating income (CHF million)
Mobility Services
1st quarter 2024
289
1st quarter 2025
286
Operating income (CHF million)
PostFinance
1st quarter 2024
511
1st quarter 2025
416
Operating profit  (CHF million)1st quarter 20241st quarter 2025
Operating profit (CHF million)
Logistics Services
1st quarter 2024
121
1st quarter 2025
65
Operating profit (CHF million)
Digital Services
1st quarter 2024
-16
1st quarter 2025
-16
Operating profit (CHF million)
PostalNetwork
1st quarter 2024
-30
1st quarter 2025
-32
Operating profit (CHF million)
Mobility Services
1st quarter 2024
10
1st quarter 2025
0
Operating profit (CHF million)
PostFinance
1st quarter 2024
41
1st quarter 2025
68