Author Archives for Léa Wertheimer

Swiss Post is facing record levels of parcels this Black Friday

Swiss citizens went on a real spending spree last Friday and Monday. The record of parcels sent in the previous year was not only beaten – it was literally smashed, rising by 15 percent. During Black Friday and Cyber Monday, Swiss Post delivered more than 5,9 million parcels in one week.

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“We’d be stuck without a quad”

Beat Truttmann has been delivering post to Stoos for over 15 years. This 53-year-old relies on a special type of vehicle to perform his duties across the mountainous terrain.

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“Finances are under pressure”

Swiss Post earned a profit of 193 million francs up to mid-2019, 25 million francs lower than in the prior-year period. The operating profit (EBIT) of 269 million francs was also down, falling by 19 million francs in comparison to the first half of 2018. The lower interest income achieved by PostFinance and falling letter volumes are putting Swiss Post’s result under further pressure. Alex Glanzmann, Head of Finance at Swiss Post, provides details on the interim result in a short video interview.

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