Financial Reporting

Interim Report January-March 2021

Operating income (EBIT) improved by nearly 180 percent to SEK 878 million (314) – all segments show improved operating income
Parcel volumes overall increased by 32 percent (1), mainly driven by growth in B2C volumes
Mail volumes decreased by 12 percent (12)
During the quarter, the COVID-19 pandemic contributed to increased parcel volumes (B2C), increased demand for home deliveries and higher short-term sick-leave in Sweden

The steady growth within e-commerce results in a very strong volume growth for parcels, while the trend for mail volumes remains negative due to ongoing digitalization.
The improvement programs are running according to plan, which, together with the net sales growth, is the foundation for the sharply improved result.
Within the framework of PostNord's ambitious sustainability agenda, work is being carried out at a high level of intensity.