STATEMENT OF PROFIT OR LOSS OF THE MAIL, PARCELS AND DISTRIBUTION STRATEGIC BUSINESS UNIT
| (€m) | 1H 2019 | 1H 2018 | Increase/ (Decrease) |
|---|
| Revenue |
4,208 |
4,216 |
(8) |
-0.2% |
|---|
| Mail |
1,269 |
1,313 |
(44) |
-3.4% |
|---|
| Parcels |
399 |
352 |
47 |
13.3% |
|---|
| Other revenue |
87 |
95 |
(8) |
-8.4% |
|---|
| Intersegment revenue |
2,453 |
2,456 |
(3) |
-0.1% |
|---|
| Costs |
3,770 |
3,781 |
(10) |
-0.3% |
|---|
| of which: |
|
|
|
|
|---|
| Total personnel expenses |
2,775 |
2,760 |
15 |
0.5% |
|---|
| of which personnel expenses |
2,766 |
2,748 |
18 |
0.7% |
|---|
| of which early retirement incentives |
8 |
11 |
(3) |
-30.2% |
|---|
| of which disputes and other extraordinary items |
1 |
1 |
0 |
-17.8% |
|---|
| Other operating costs |
959 |
987 |
(28) |
-2.9% |
|---|
| Intersegment costs |
37 |
34 |
3 |
9.6% |
|---|
| EBITDA |
438 |
436 |
2 |
0.4% |
|---|
| Depreciation. amortisation and impairments |
357 |
252 |
104 |
41.4% |
|---|
| EBIT |
81 |
184 |
(103) |
-55.8% |
|---|
| EBIT margin |
1.9% |
4.4% |
|
|
|---|
| Finance income/(costs) |
4 |
(14) |
18 |
130.8% |
|---|
| Profit before tax |
85 |
170 |
(84) |
-49.7% |
|---|
| Income tax expense |
35 |
56 |
(21) |
-36.9% |
|---|
| Net profit |
50 |
114 |
(64) |
-55.9% |
|---|