Geopost and DPD continue to show sustained business performance

Ljubljana, May 2023 | After two years of record business results, the year 2022 followed, which turned out to be much more demanding and marked by many challenges. As a result, Geopost and DPD recorded slight changes in parcel volumes, while at the same time the sales result continued to grow and the two companies proved that they know how to adapt to difficult market conditions.

After two years of the pandemic, 2022 is proving to be much more challenging, marked by major geopolitical and macroeconomic upheavals such as the war in Ukraine, record inflation in many countries, a sharp rise in energy costs and a general slowdown in household spending. As a result, Geopost recorded a slight change in parcel volumes, while maintaining a volume of delivered parcels that exceeds 2 billion per year and represents more than 8.3 million delivered parcels every day.

Continued revenue growth, despite a slight change in package volumes in 2022

• 15.6 billion euros in revenue^[1], which is 6% more than in 2021

• 2.1 billion parcels delivered worldwide, down slightly from 2021 (-1.3 %), reflecting a general slowdown in consumption and the normalization of the parcel delivery market.

Consumers have an increasing desire and need for out-of-home delivery

According to our latest E-shopper barometer 2022 survey, more than 81 % of e-shoppers in Europe would choose home delivery. In Slovenia, this percentage is slightly lower and amounts to 79 %, which is 12 % less than the year before. The choice of alternative delivery locations has increased the most, and the growth is most noticeable in the choice of delivery to parcel locekrs, in Slovenia this growth is 6 %.

DPD Slovenia told us that Geopost has the densest Pickup network of pick-up points and parcel locerks in Europe and that it continues to strengthen the development of Out Of Home (OOH) delivery services. The introduction and development of out-of-home delivery services has accelerated significantly over the past year. The company now offers almost 83,000 Pickup points worldwide, and DPD Slovenia contributes to this with more than 750 Pickup points and parcel lockers. This year, they plan to develop their own network of parcel lockers, which will contribute an additional 120 parcel lockers. Geopost aims to offer the best coverage in Europe with 100,000 Pickup points by 2025, which will allow 90 % of Europeans to be no more than 10 minutes from the nearest Pickup point.

Geopost has made significant commitments in line with its pioneering role in sustainable delivery

In July 2022, the company submitted its plan for Net Zero by 2024 to the Science Based Targets initiative, which was officially approved in February 2023. With this, the company will contribute to limiting the rise in global temperature. Geopost is committed to drastically reducing its greenhouse gas emissions by 43 % by 2030 compared to 2020 and by 90 % by 2040 compared to 2020. The company will also neutralize all remaining emissions (around 10 %) from 2040 onwards. Among the initiatives that contribute to this ambition, in 2022 Geopost further accelerated the gradual transformation of its vehicle fleets. By the end of the year, 8,458 low-emission vehicles (electric vehicles, natural gas vehicles and cargo bikes) were used. Geopost aims to provide delivery with low-emission vehicles in 350 cities in Europe (with more than 50,000 inhabitants) by 2025: at the end of 2022, the rollout started in 251 European cities, of which 97 already deliver with 100% low-emission vehicles .

DPDgroup becomes Geopost: a new holistic image to support geographic and professional expansion

At the beginning of March, the company announced that the DPDgroup brand was replaced by the new global Geopost brand after 7 years of operation. Recently, it has become clear that the name DPDgroup is perceived as a package delivery brand and strongly associated with Europe, but DPD as an organization has already achieved much more than that. The group currently consists of as many as 122,000 delivery experts, who are present in as many as 49 countries around the world and 24 countries in Europe. DPD Slovenia announces that the change of the Geopost brand and the situation in 2022 and the coming year will not affect their work in any way. Indeed, DPD is strongly recognized in its market, has an excellent reputation and is connected to customers and consumers.

You can read more about the results in 2022 and the change of the corporate brand at the link https://www.dpd.com/si/en/company/news/.

[1] Includes Asendia revenues, as La Poste Groupe has integrated its stake in Asendia into the operational management of Geopost from 1 July 2021.