Geopost saw its operating profit reduce by a quarter in the first half of 2025, as the parcels sector faced structural headwinds.
Despite a 1.8% increase in volumes and a 0.8% increase in revenues to €7.6bn (£6.6bn), operating profit slid to €253m (£219m) at the end of June 20925, compared to €331m (£286m) at the same point last year.
Its e-commerce provider Asendia saw revenues decline by 13%.
Geopost said it had delivered “a resilient performance” during H1 and there had been solid performances in out-of-home, international flows and food logistics.
It said the first half of the year had been challenging and that the sector operated within a “fragile macroeconomic and geopolitical environment”.
“While inflationary pressures have eased, the sector still faces structural headwinds, including sluggish consumer demand, heightened price competition, and ongoing geopolitical uncertainty across several regions,” it added.
Yves Delmas, Geopost chief executive said: “In a persistently difficult and volatile environment, our first-half results for 2025 confirm Geopost’s ability to stay the course and deliver [a] resilient performance.
“Despite continued market pressures, we have maintained our focus on serving consumers and businesses with agility and operational discipline across all geographies.
“Our three growth drivers – out-of-home delivery, food logistics and international flows – once again demonstrated strong results, reinforcing the relevance of our strategic choices.”
Delmas added: “In parallel, we are stepping up our sustainability efforts, with continued progress on the decarbonisation of our operations across Europe.”
