The state-owned postal service Eesti Post reported revenues were up by 9% last year, to EUR 154.7 million, while net profit reached EUR 5.9 million.
The company posted a net loss of EUR 0.6 million in 2024.
Eesti Post is branded as Omniva in Estonia, and also operates in the other two Baltic States.
Revenues were up EUR 13.3 million in 2025 compared with the previous year.
Most of the growth derived from parcel and courier services, whose revenue rose by 13% YoY, to EUR 109.4 million, Eesti Post reported, mostly relating to the Christmas season.
Parcel volumes alone rose by 11%, to 50.3 million items, though growth varied by country: Latvia and Lithuania saw a nearly 10% growth, while in Estonia volumes fell by 15%, reflecting a continued weakness of the domestic market, the company said.
Revenue from postal services amounted to EUR 38.6 million, down by EUR 100,000. Eesti Post noted that services including paper letters, home delivery of periodicals, and financial transactions through the postal network had been experiencing declining demand in successive years.
Eesti Post also reported a continued decline in the volume of universal postal services, 13% from 2024 to 2025, to 2.8 million items. Revenue from universal postal services fell by around 20%, or around EUR 1.9 million, to EUR 7.6 million.
Addressed advertising volumes also fell, by 6.3%, even as revenues from this advertising sector rose by 9%.
The total volume of periodical home delivery fell by 11%, while losses from periodicals grew from EUR 1.8 million in 2024 to EUR 2.6 million.
Eesti Post group’s operating expenses totaled EUR 153.9 million in 2025, an on-year rise of 7%.
Wage costs rose by 6%, to EUR 69.1 million, principally due to higher wages and one-off costs related to restructuring.
Eesti Post carried out some layoffs in office and support functions, with redundancy costs amounting to EUR 1.6 million. The average number of employees with Eesti Post fell by 119, to 2,376.
The group’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached EUR 25.2 million, a 67% increase on year.
Eesti Post did not pay dividends in either 2024 or 2025. Owner expectations, approved in July and updated in December last year, however, state that the group should provide a stable dividend contribution to the state, with a target payout ratio of 50-100% of net profits over a 5-year average.
A dividend payment of EUR 0.41 million is expected from Eesti Post’s 2025 profit on this basis. (ERR)