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Friday, 26.04.2024, 06:06
Business revenue of Eesti Post to total EUR 67.2 mln in 2016
BC, Tallinn, 29.12.2015.
Print version
Print versionAccording to a financial forecast, the operating revenue of the Estonian state-owned postal company Eesti Post is to increase from 60 million euros in 2014 to 64 million euros in 2015 and to 67.2 million euros in 2016, informs LETA/BNS.
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In 2017 revenue is to grow to 70.5 million euros, in 2018 to 74.1 million and in 2019 to 77.8 million euros, it can be seen from a forecast drawn up at the end of October.
The company's net profit is to amount to 1.4 million euros this year and two million euros next year. In 2017, net profit is estimated to total 2.8 million, a year later nearly 3 million and in 2019 around 3.1 million euros.
While this year investments are to total 3.6 million euros, in the next four years the investment need is 4.9 million euros a year.
The company's debt obligations are small, totaling 1.4 million euros in 2014, falling below one million euros in 2017 and reaching zero by 2019.
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