2012 was a good year for Norway Post
The Norway Post Group had earnings before non-
recurring items and write-downs of NOK 1,116 million
in 2012. This represents an increase of NOK 65
million compared to 2011.
"This is the fifth consecutive year we have reported
growth in earnings, thanks to the implementation of
significant cost reductions at the same time as we
have been successful in the market. It has been a
good year for Norway Post," says Dag Mejdell,
President and CEO of Norway Post.
Operating revenues in 2012 totalled NOK 22,924
million, which is the same level as in 2011.
In the Mail segment, revenue was lower than last year
due to falling volumes in both addressed and
unaddressed mail. In the Logistics segment, the
acquisition of logistics companies contributed to