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InPost, a parcel locker company, has seen its Q2 profits rise by 13%

InPost, a Polish parcel locker firm, reported on Tuesday a 12.6% increase in earnings for the second quarter. This was due to volume growth both in Poland and abroad.

The adjusted earnings before tax, depreciation, and amortization (EBITDA), which is the profit before interest, taxes, depreciation, and amortisation, were 999.5 millions zlotys in the third quarter, as compared to the 887.3 in the previous period.

InPost operates in nine countries, including Poland. It is known for its automated package machines, or APMs. These allow customers to pick up or drop off their packages whenever they choose.

The company confirmed its 2025 forecast for an adjusted EBITDA growth in the low to mid-20% range, but revised their annual volume and adjusted EBITDA Margin guidance in Poland and Eurozone.

It now expects a high single-digit increase in volume this year, compared to its previous forecast of high single-digit or low double-digit growth. The company expects its margin to remain in the high 40%s, as opposed to a target of the mid-40s.

The company expects a mid-double-digit growth in its Eurozone markets compared to the low-double-digit or high-single-digit volume increase it expected previously.

The UK saw a 177% growth in volume in the second quarter, aided by the recent purchase of a parcel-delivery firm

InPost says, "Yodel."

The increase was attributed to an increase in volumes outside the marketplace. $1 = 3.6405 Zlotys (Reporting and editing by Matt Scuffham in Gdansk)

(source: Reuters)