Nasdaq CopenhagenIFRS · DKK

POST DANMARK A/S

Post Danmarks A/S is a Danish postal and logistics company within the PostNord group. Its business has historically centered on letter delivery, parcel handling, and terminal operations in Denmark, supported by associated international mail handling and related logistics services.

Liikevaihto4 838milj. DKK
−2,6 %v/v
Liikevoitto (EBIT)−445milj. DKK
−239,7 %v/v
EBIT-marginaali−9,2%
−6,6 %-yks.v/v
Nettotulos−426milj. DKK
−252,1 %v/v

Tilikausi 2023 · muutos edellisvuodesta

Kehitys 2021–2023

−2 00002 0004 0006 000milj. DKK2021: 5 290 milj. DKK2021: EBIT 173 milj. DKK20212022: 4 965 milj. DKK2022: EBIT −131 milj. DKK20222023: 4 838 milj. DKK2023: EBIT −445 milj. DKK20234 838−445
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Letters35 %

Collection, sorting, and delivery of domestic and cross-border letters.

Parcels40 %

Parcel pickup, linehaul, sorting, and last-mile delivery services.

Terminal operations15 %

Processing and transfer services at postal and logistics terminals.

International postal services10 %

Handling of incoming and outgoing international mail flows and partners.

Asiakkaat

Post Danmark serves public and private customers that need delivery of letters, parcels, and mail processing in Denmark. Its customer base includes households, businesses, public-sector organizations, and international postal partners that rely on domestic distribution and cross-border handoff services. The company also acts in a state-related postal capacity for certain official postal tasks.

Households

Individuals and families buying letters, parcels, and mail delivery services for personal use.

Business customers

Companies using parcel distribution, mail handling, and logistics support for commerce and administration.

Public sector

Government and public institutions using postal channels for official communications and logistics.

International postal partners

Foreign postal operators that exchange inbound and outbound international mail through Denmark.

Strategia

The company’s strategic direction is to adapt its network around a sustained decline in letter volumes while preserving parcel and logistics capabilities. Reported priorities include handling the postal transition, improving efficiency through organizational and production adjustments, and maintaining the assets and processes needed for parcel growth and official postal obligations.

Shift away from letter dependenceLyhyt aikaväli

Letter demand has structurally declined, so the business must rebase its network around lower mail volumes.

Expand parcel relevanceKeskipitkä aikaväli

Parcels are the main growth offset to declining letters and support the future of the delivery network.

Restructure operating footprintLyhyt aikaväli

Lower legacy mail activity requires changes to sites, leases, staff, and production flows.

Support official postal obligationsLyhyt aikaväli

The company remains responsible for certain public postal tasks during the transition period.

Maantiede

Post Danmark is primarily a Denmark-focused business, with operations tied to domestic mail and parcel networks and associated terminals. The report also references international partners and an international post center, showing that a portion of activity supports cross-border mail flows. As part of the PostNord structure, the company’s geography is shaped by Danish operations and Nordic group coordination.

Riskit

The central business risk is the structural decline in letter volumes, which can reduce scale and leave a cost base that is difficult to right-size quickly. The company also faces execution risk in network restructuring, employee-related provisions, lease exits, and asset impairment testing as operations are reshaped. More general risks include credit exposure, litigation, pension obligations, and dependence on regulatory or state-related arrangements.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Structural decline in letter volumes1Restructuring and closure costs2Employee and pension obligations3Impairment of long-lived assets4Credit losses on receivables5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Structural decline in letter volumesVaikutus: KorkeaTodennäköisyys: Korkea

    The core letter business is being wound down because volumes have fallen for many years.

    Kohdistuu: Letter delivery network and related fixed costs

  2. Restructuring and closure costsVaikutus: KorkeaTodennäköisyys: Korkea

    Closing postal activities can trigger redundancy, lease termination, and site exit costs.

    KohdistuuStaffLeasesOperational footprint
  3. Employee and pension obligationsVaikutus: KeskitasoTodennäköisyys: Korkea

    The company has provisions and pension-related commitments tied to former and current employees.

    KohdistuuJubileeRestructuringState pension charges
  4. Impairment of long-lived assetsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Management tests the cash-generating unit against recoverable value and adverse assumptions could require write-downs.

    KohdistuuPropertyEquipmentRight-of-use assets
  5. Credit losses on receivablesVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The business carries receivables from customers and partners, and expected credit loss assumptions can change.

    Kohdistuu: Trade receivables and partner balances

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Letter, parcel, and terminal revenue is recognized at delivery, making cut-off and period-end volume timing important.

Vaikutus: Affects quarterly and annual revenue comparability

Discontinued operations and held-for-sale assets

The letter business is being presented as a separate discontinued activity with related assets and liabilities classified accordingly.

Vaikutus: Changes the presentation of profit, assets, and cash flows

Lease accounting

Leased sites and relocations create right-of-use assets and lease liabilities that affect balance sheet leverage and expense recognition.

Vaikutus: Influences operating profit and net debt-like obligations

Impairment testing

The recoverable amount of the cash-generating unit is assessed against carrying value using budgeted cash flows and discount rates.

Vaikutus: Can trigger non-cash write-downs of fixed and intangible assets

Provisions for restructuring and employee obligations

Closure of postal activities and staff exits require estimates for severance, jubilee awards, and related obligations.

Vaikutus: Affects operating expenses and liabilities

Päivitetty: 24.10.2026