Russian Post expects revenue growth in 2020 by 2-3% (revised version)

Russian Post expects revenue growth in 2020 by 2-3% (revised version)

Russian Post expects revenue growth in 2020 by 2-3% (revised version)

By the end of 2020, the revenue of Russian Post JSC will grow by 2-3% compared to 2019, the head of the company Maxim Akimov told reporters.

In 2019, Post received revenue of 206.9 billion rubles.

The company also expects that revenue from digital services will reach 30-32 billion rubles by the end of the year, showing almost tenfold growth.

Earlier, Akimov said that due to the pandemic, the company will lose from 18 to 30 billion in revenue from cross-border trade.

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