Lithuanian Post earned 4.8 million last year. euros
Last year, domestic shipping revenue increased by 10% and the number of shipments passing through LP EXPRESS mailing machines increased by 15%. in 2022 Revenue received by Lithuanian Post from items and letters sent in the domestic market reached 3.3 million. euros.
Last year, Lithuanian Post’s revenue from the provision of financial services also increased significantly, up to 62.7%. His 2022 was 4.7 million euros higher than in 2021. and exceeded 12.2 million. euros. This was influenced by the increase in income from the provision and payment of various benefits, as well as services provided by the acceptance of contributions and fees.
Also in 2022 5.1 million were planned for the company. Compensation in euros for the provision of universal postal service in 2021. Another 3.4 million The company received 100,000 euros for the sale of the buildings of the Central Post Office in Kaunas and Klaipėda.
“The year 2022 was accompanied by changes and renewal of Lithuanian Post, which helped to ensure more efficient and sustainable operation of the company. Network optimization and development of mobile postal services in the rural areas have become the response to the sharp drop in customer and parcel flows at post offices and the drop in volumes of traditional postal services.
In turn, as people’s need to send and receive parcels as quickly and easily as possible grew, we significantly expanded the LP EXPRESS mailing machine network. This year, the company’s main task remains sustainable growth, which will be ensured by the further development of services and solutions that meet customer needs,” says Rolandas Zukas, CEO of Lithuanian Post.
In 2022, the growth of the retail market was dampened by the reopening of physical stores after the pandemic and the decline in consumer spending due to high inflation in the prices of goods and services. However, this trend has not affected the volume of postal items – last year, compared to 2021, the number of items passing through LP EXPRESS mailing machines increased by more than 15%. This is mainly due to the migration of customers from alternative distribution channels (post offices and couriers).
The total number of consignments and letters that passed through the Lithuanian postal network and the LP EXPRESS network of postal machines in 2022. amounted to 45 million pieces. Of these, 6.5 million were sent by machines postal. parts shipments
In order to better meet customer expectations, the network of LP EXPRESS mail machines was expanded by nearly a quarter last year, from 285 to 352 mail machines. According to the speed of network development, LP EXPRESS was the leader in the whole Lithuanian postal machine market last year. Currently, the network includes 354 post offices in over 100 different locations across the country.
Perhaps the biggest challenge for the company last year was the spiraling price inflation of goods and services caused by Russia’s aggression against Ukraine, which also rapidly increased the price of returns from services provided by Lithuanian Post. Last year, settlement fees between different post offices around the world, transportation fees and the amount allocated to the policy of constantly increasing rewards have also increased.
in 2022 the company’s total salary increase fund was 2.6 million euros, and more than 80% felt a positive development in remuneration. workers. Another integral part of improving the conditions of employees was the supply of more than 300 new cars to postmen, with which the delivery of parcels became not only more convenient, but also faster.
Source: The Delfi
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