Demand for classic postal services continued to decline in line with previous trends.
However, the use of parcel delivery services, which also serve online vendors, increased significantly, by more than 14%.
Magyar Posta said its financial situation is stable, the company’s loan portfolio has only increased slightly despite significant investments and is at a low level compared to the company’s size, while its equity has increased by nearly HUF 8 bln.
Last year, the company made developments and investments worth nearly HUF 13 bln.
According to the decision of the National Economy Ministry, as the owner, the company will fulfil its dividend payment obligation by transferring 476 properties to support small settlements.
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