According to Mikhail Burmistrov, head of INFOLine-Analytics
Posted: Mon Jan 27, 2025 4:57 am
However, after the start of the special military operation in Ukraine, Russian Post and a number of delivery services warned of forced delays due to the cessation of air traffic with several southern regions of the country. In addition, the company stopped accepting shipments to Ukraine. Later, Akimov reported that as of September, Russia's postal service had been interrupted with Sweden, Denmark, Poland and partially with Finland, while service with other countries was uninterrupted. Moreover, Russian Post continues to operate two subsidiaries in China and Germany, RusPost GmbH.
According to the results benin phone number list of the first half of the year, the revenue of Russian Post increased by 2.7% compared to the same period last year and amounted to 106.97 billion rubles. The net loss increased sixfold, to 19.61 billion rubles. The company's press service attributed the loss to the seasonality of the business: the company receives the bulk of its income during the high season from September to December. In addition, among the factors, they named the growth of expenses on logistics, equipment depreciation, purchase of consumables, etc., as well as losses from exchange rate differences.
, Russian Post's previously announced revenue plans for 2022 will most likely not be fulfilled, and the company will incur a loss by the end of the year, the size of which is difficult to estimate now. "The company did the right thing by entering the international mailing market, taking the place of DHL, as well as the segment of selling goods from foreign marketplaces. However, from the perspective of the future, branches pose significant problems in terms of their efficiency of use, as well as unprofitability," Burmistrov says. He recalled that Russian Post had plans for a large-scale upgrade of branches throughout Russia, as well as opening additional branches in small towns where marketplaces are actively entering, "which would add an even greater financial burden." According to Burmistrov, the departure of the head of the company from his post may also be connected with the upcoming EU sanctions package. At the same time, the head of INFOLine-Analytics noted that Volkov is a "good candidate" since he has operational and banking experience. "The company is currently in a crisis, from which it will need to emerge. Pochta had certain expectations regarding partnerships with marketplaces, cross-border sales, etc. But now marketplaces have begun to grow significantly faster and are using Pochta's logistics less and less. For this reason, Pochta's delivery of goods as a service is under great pressure," he concluded.
According to the results benin phone number list of the first half of the year, the revenue of Russian Post increased by 2.7% compared to the same period last year and amounted to 106.97 billion rubles. The net loss increased sixfold, to 19.61 billion rubles. The company's press service attributed the loss to the seasonality of the business: the company receives the bulk of its income during the high season from September to December. In addition, among the factors, they named the growth of expenses on logistics, equipment depreciation, purchase of consumables, etc., as well as losses from exchange rate differences.
, Russian Post's previously announced revenue plans for 2022 will most likely not be fulfilled, and the company will incur a loss by the end of the year, the size of which is difficult to estimate now. "The company did the right thing by entering the international mailing market, taking the place of DHL, as well as the segment of selling goods from foreign marketplaces. However, from the perspective of the future, branches pose significant problems in terms of their efficiency of use, as well as unprofitability," Burmistrov says. He recalled that Russian Post had plans for a large-scale upgrade of branches throughout Russia, as well as opening additional branches in small towns where marketplaces are actively entering, "which would add an even greater financial burden." According to Burmistrov, the departure of the head of the company from his post may also be connected with the upcoming EU sanctions package. At the same time, the head of INFOLine-Analytics noted that Volkov is a "good candidate" since he has operational and banking experience. "The company is currently in a crisis, from which it will need to emerge. Pochta had certain expectations regarding partnerships with marketplaces, cross-border sales, etc. But now marketplaces have begun to grow significantly faster and are using Pochta's logistics less and less. For this reason, Pochta's delivery of goods as a service is under great pressure," he concluded.