An Post delivered 200,000 parcels per day in 2025

Gordon Deegan

On average last year, An Post delivered 200,000 packages and parcels every day, contributing to record revenues of €1.049 billion for An Post in 2025.

The 2025 annual report for An Post shows that last year An Post delivered 294 million letters and 73 million parcels and contract packets - or 200,000 per day on average - and this compared to 360 million letters delivered and 54 million parcels and contract packets in 2024.

An Post delivered the record revenues of €1.049 billion but exceptional pension scheme costs contributed to An Post recording a pre-tax loss of €205.89 million for 2025.

The annual An Post report shows that revenues topped €1bn for only the second time in its history and increased by 3pc from €1.02bn to €1.049bn.

Before the exceptional €209.49m connected to the pension scheme, An Post recorded a pre-tax profit of €3.59 million, which was down 73 per cent on pre-tax profits before exceptional items of €13.38 million for 2024.

An Post recorded a post tax loss of €180.5 million after a corporation tax credit of €25.38 million is taken into account.

Last year, An Post delivered 294 million letters and 73 million parcels and contract packets and this compared to 360 million letters delivered and 54 million parcels and contract packets in 2024.

In his statement accompanying the annual report, outgoing ceo, David McRedmond, said that in 2025 “An Post delivered another strong performance”.

He said that EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) rose by 3.4 per cent to €53.2 million, which he said was An Post’s third successive year of growth in EBITDA (before exceptionals) following the Covid period.

He said: “That we continue to grow revenue reflects the success of our strategy to pivot decisively toward parcels, e-commerce, retail services and digital innovation.”

He said that last year there was a “phenomenal rise in parcel volumes”.

The €209.49 million pension cost arose from An Post last September approving a benefit increase for around 7,000 retired workers at An Post where the pensioners received a seven per cent increase in their pensions in two phases in 2025.

Referring to the exceptional pension fund cost, McRedmond - who steps down after 10 years in the role later this Summer - said that the acheme surplus at December 31st 2025 is €316 millioni, following a reinstatement of members’ benefits which resulted in an exceptional charge in the year of €209m.

He said: “I am very proud that we have been able to restore members’ benefits.”

Chief Financial Officer, Peter Quinn, in his report said the record 2025 revenue performance along with improved cash generation and profit after tax before exceptional items, “builds on the operational and financial performance in 2024 and reflects the continued relevance of our business despite the fall in traditional mail volumes".

He said: “An Post’s Balance Sheet is on a sound financial footing with total equity of €465m. This stability, combined with the very low levels of gearing, will enable the Group to continue execute its strategy.”

McRedmond said that “while next day delivery will always remain available, most mail will inevitably move to a two or three day service to secure the efficiencies required in a modern market”.

He said: “This is not a retreat from service quality but an investment in future resilience.”

Last year, McRedmond overall pay package totalled €323,000 made up of salary of €250,000, pension contributions of €63,000, €7,000 concerning medical allowance and €3,000 concerning a benefit in kind from an electric company car.

Last year, revenues from An Post’s postage of letters and parcels increased by 12pc from €656.13 million to €735.15 million and the increase in revenue took place despite a 6.3 per cent decline in traditional postal volumes.

The price of a stamp increased by 25 to €1.65 in February of last year and increased again earlier this year to €1.85 on February 3rd.

Income from ‘elections and referenda’ declined sharply in 2025 from €64.54 million to €10.72 million while income from post offices - agency, remittance and related services increased from €174.09 million to €178.3 million.

Numbers employed increased from 10,209 to 10,404 as payroll costs rose from €583.83 million to €618.23 million, while postmasters’ agent costs rose from €51.87 million to €54.5 million.

Elsewhere in his report, Peter Quinn said that “the growth in revenue is very satisfactory as the business strived to replace the reduced revenue from elections and mail volume decline”.

He said: "Carefully managed price increases for the mails sector, implemented in a customer-sensitive manner, have provided a revenue stream that supports high-quality and sustainable services for personal and business customers.”