The nationwide postal service in Belgium, bpost, has reported its results for the second quarter of 2018. On a standard level, the trends they experienced correspond those seen internationally: mail volumes are down but there is opportunity in the broadening parcels market.
For bpost strong growth in ecommerce parcel volumes has actually been an essential source of income development which increased 32.7% in the duration, year on year. Bpost’s operating earnings in Q2 was EUR928.4 m, up 32.7% on the exact same period in 2017 and they ascribe that development to “acquisitions and outstanding Parcels growth”. Domestic parcel volumes grew by 25.8% “driven by strong e-commerce growth and continued positive trend in C2C”. Profits for worldwide parcels was up EUR4.3 m.
Bpost has formerly said that by 2022 their goal is to become a global ecommerce logistics service provider with 45% of profits created by activities outside Belgium and 60% of incomes going from parcels and logistics activities serving online retailers.Our 2022 vision
is to be, beyond mail, an efficient worldwide e-commerce logistics gamer anchored in Belgium. Our transformation will hence continue in order to adjust to evolving customer needs in our busy environment and extended Be-Ne home area, and to guarantee a sustainable future for our business.
— Koen Van Gerven, Group CEO
One element of that advancement to end up being a reliable and popular ecommerce player has been a current collaboration with DHL to boost their delivery offering in BENELUX. The non-exclusive offer under the “Dé Benelux bezorgers” name will facilitate and speed up the cross-border online shopping experience. Another brand-new horizon will be to discover greater revenues from transatlantic shipments.