Posten Norge announces radical transformation plans

Announcing its half-year results, Posten Norge has said it is planning the delivery network of the future as it proactively adapts to the rise of e-commerce.

The postal operator had adjusted operating profit of NOK 239 million, a growth of NOK 80 million on the same period last year. This was impacted by a provision of NOK 473 million for its planned operational restructuring.

Posten Norge’s CEO Tone Wille commented on the financial results: “The rate of digitalisation is increasing, and Posten Norge is continuing to adapt to a declining mail market and new customer needs. The Group has sound underlying operations and positive profit growth in the logistics segment, but the bottom line is impacted by large provisions for restructuring due to falling mail volumes.”

Mail delivery at Posten Norge is to be reduced to every other day from July next year.

“In the next few years, Posten Norge will shape the delivery network of the future with a combination of industrial production and individualised delivery with new services such asIn-home delivery – with digital door lock. We are certain that our trusted employees can safely deliver parcels inside the door – even when the recipient is not home,” says Wille.

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