Posti Group Oyj (POSTIh)
CBOE 
Summary
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Posti Group Oyj Profile
| - Industry | - Sector | Mr. Antti Jaaskelainen M.B.A., M.Sc. CEO | CBOE Exchange | - ISIN |
| Finland Country | 13,243 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Posti Group Oyj is Finland's leading postal and logistics service provider, boasting a rich history that dates back nearly 400 years to the establishment of postal services in 1638. The company serves as the primary operator for mail and parcel delivery across Finland, fulfilling a universal service obligation that ensures weekday letter deliveries to all municipalities. It caters primarily to businesses and organizations, which contribute to an impressive 96% of its net sales, amounting to EUR 1,521 million in 2024. With a workforce of about 20,300 employees and headquarters located in Helsinki, Posti operates in ten countries, extending its influence to Sweden, Norway, the Baltic states, Poland, Germany, Switzerland, and the United States. The company guarantees access to over 1,400 service points and SmartPOST parcel terminals, effectively supporting its broad logistical reach. Majority ownership rests with the Finnish state, which holds a 66.65% stake in the company. Posti Group Oyj is not just a leader in logistics; it is also dedicated to sustainable practices, including carbon-neutral deliveries and the goal of achieving fossil-free operations by 2030.
Products and Services
- Postal Services
This segment encompasses the delivery of letters, publications, and direct mail, ensuring reliable communication for both personal and business needs within Finland and beyond.
- Parcel and Logistics Services
Posti’s parcel and logistics segment is comprehensive, providing services that include e-commerce logistics, transportation, warehousing, freight handling, and customs clearance, catering to the growing demands of online shopping and international trade.
- Digital Communication
Through its Digipost service, Posti enables digital communication, promoting secure and efficient electronic document delivery, thereby enhancing customer engagement and reducing reliance on physical mail.
- Circular Economy Solutions
As part of its commitment to sustainability, Posti offers circular economy solutions that focus on recycling and waste reduction, ensuring that logistics operations are eco-friendly and resource-efficient.
