Posti Group Oyj - The State brings Posti to everyone

The majority of employees at Posti’s distribution center (letters and small parcels) walked out yesterday. The walkout is still ongoing. In 2019, a postal strike that lasted about two weeks caused a clear decline in the company’s earnings. However, the 2019 postal strike took place in November, which is a seasonally important period for Posti’s profitability. Apparently, the employees are returning to work this evening. Given these specifics, the situation should not cause significant harm to Posti’s earnings, unlike in 2019. If the situation drags on, it could also have a negative impact on Posti’s figures.

EDIT:

The most up-to-date news regarding the walkout will likely appear here:

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