A consistently positive trend despite coronavirus and a lot of changes within the Group: this is what the results of the Swiss Post employee survey for 2020 are showing. Valérie Schelker, Member of Executive Management and Head of Human Resources at Swiss Post, breaks down the results. Above all, she expresses surprise.
Articles for Executive Management & BoD
“We want to continue to finance the public service and investments from our own resources in the future”
At 255 million francs, Swiss Post’s Group profit was down 149 million francs year-on-year. For Alex Glanzmann, Head of Finance at Swiss Post, the need for action is obvious and fundamental decisions need to be made about the future.
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.