Outlook for 2015
Since the beginning of 2015, Posti Group’s result is reported on the basis of the new business groups: Postal Services, Parcel and Logistics Services, Itella Russia and OpusCapita.
The Group’s business is characterized by seasonality. Net sales and operating result in the business groups are not accrued evenly over the year. In Postal Services, the first and fourth quarters are typically strong, while the second and third quarters are weaker. In Parcel and Logistics Services, the second half of the year is stronger.
The development of exchange rates, especially the ruble exchange rate, may affect the Group’s net sales, result and balance sheet.
Comparable net sales in euros for 2015 are expected to decrease significantly compared to 2014. The Group’s operating result before non-recurring items is expected to remain on par with the previous year. However, the operating result for 2015 may continue to be burdened by significant non-recurring items. There is significant uncertainty related to the development prospects of the result achieved in Russia.
Investments are expected to increase from 2014.