LuxembourgPost Luxembourg reports 38 million euro profit

RTL Today
The POST Group presented a positive report for 2019.

In particular, the positive assessment is attributed to the group’s telecommunications, mail distribution and logistics services. The postal check sector is currently in deficit due to negative interest.

The coronavirus pandemic is likely have a negative impact on the 2020 financial year, but the group is well prepared and the result of last year is high enough to pay a 20 million euro dividend to the shareholder of the company, the Luxembourg government.

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