An Post Records €15m Loss In 2016

Photo © An Post

An Post has posted pre-tax losses of 15.6 million euro for 2016.

The company says it reflects the global trend of mail decline.

An Post also says last year’s General Election helped it generate revenues of 825 million euro.

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It says the increase of the price of a standard stamp is delivering results as part of its efforts to bolster the company’s finances.