10.09.2024
In Q2 2024, InPost Group reported strong results, showcasing steady growth across its operations. Our company's continued expansion into international markets has been critical to this success.
This quarter's performance reinforces InPost's logistics and parcel delivery leadership in Europe.
Here are the key results we’d like to highlight:
- The Group parcel volume reached 264.4 million, representing a significant YoY increase of 23%. Both Poland and InPost’s international markets contributed to this growth, recording 20% and 29% YoY improvements, respectively.
- The Group delivered another quarter of substantial revenue growth, reaching EUR 608.5 million and marking a 23% YoY improvement. Particularly robust performances have been observed in Poland and the UK, as well as in the B2C segment in the Mondial Relay markets.
- Significant Adjusted EBITDA increase: Group Adjusted EBITDA reached EUR 205.8 million in Q2 2024, representing an increase of 28.6% YoY, primarily driven by Poland. Adjusted EBITDA margin reached 33.8%, a rise of 160bps vs. Q2 2023. This has mainly been attributed to international markets, especially margin improvement in the UK and Italy.
- The Group’s total network of out-of-home points reached 73,636, and APMs exceeded 40,000 for the first time (+29% YoY). This equates to nearly 5 million lockers. Last quarter, we set a new record for locker deployments at both the Group and at the international market level and we have deployed over 5,000 APMs.