Swiss Post is continuing to face pressure in its core business due to the accelerating pace of structural change. As a result, Swiss Post recorded an operating profit (EBIT) of 704 million francs for 2016. That is 119 million francs less than in the previous year. Operating income is solid at 8,188 million francs. In a highly competitive market environment, Group profit fell from 645 million francs to 558 million francs. Swiss Post is tackling the change with transformations at all levels: it is investing with foresight in its range of services for private and business customers and is modernizing its infrastructure.
Declining consignment volumes, pressure on margins in the logistics business and the low interest environment in the financial sector are having a significant impact on Swiss Post’s result. Other factors include the sale of a PostFinance participation and a reduction of the depreciation period for tenant fit-outs in logistics centers, which was necessitated by the rapidly changing economic environment in the logistics business.