An Post has published its annual financial results ahead of schedule, showing revenues in excess of €1bn.
Originally slated for release later this month, the results were brought forward after speculation circulated about the long-term future of the postal service operator.
The newly released figures confirm the historic first for the company in terms of revenues generated in 2024.
The growth was underpinned by:
- A 12.6% rise in ecommerce parcel revenue,
- A 3.8% increase in retail income, and
- A 6% boost in financial services.
These gains successfully offset a 7.6% decline in traditional letter volumes, a trend consistent with global postal sector shifts.
Pre-exceptional profit for 2024 stood at €10.1m, a 12% increase from €9m in 2023.
The company also reported net cash reserves of €38m, with an additional €30m in available facilities as of December 2024.
An Post Chairman Kieran Mulvey reaffirmed An Post’s commitment to delivering for its customers, communities, and partners: "An Post is a thriving business with a clear growth strategy, especially in ecommerce and financial services.
“We are in strong financial health and remain dedicated to public service and supporting Irish businesses and communities."
Mr. Mulvey also welcomed Minister Patrick O’Donovan’s public endorsement of An Post’s financial standing and his continued support for the company’s leadership and workforce.
For businesses across Ireland, An Post’s performance confirms its ongoing role as a trusted, evolving partner in logistics, retail, and financial solutions.
