InPost announces an increase in service prices for Allegro.  Will it be double digits again?

InPost announces an increase in service prices for Allegro. Will it be double digits again?

From November, InPost will introduce an increase in the price of its services for Allegro, announced Rafa³ Brzoska, the company’s president. The last increase took place in November 2022.

– We have a 7-year contract that includes an element of price change, which takes place in November – said Rafał Brzoska during the teleconference for analysts, quoted by , when he was asked about the increase in the prices of InPost services for Allegro. He explained that inflation and an increase in labor costs are two factors that determine the scale of changes in the prices of services. With the last increase in November last year, InPost increased the prices of services for 12 percent.

InPost showed financial results

The Group announced its financial results for the second quarter of 2023 during a press conference on Wednesday. The presented data show that the company continued to increase volumes, revenues and profits. Revenue in the second quarter increased by 26 percent. YoY, reaching PLN 2,140.5 million, adjusted EBITDA increased by 35%. y/y, reaching the value of PLN 690.1 million, while the volume of handled shipments increased in the second quarter by 19 percent. y/y, reaching 214.7 million units.

In the second quarter, the InPost Group dynamically developed its own network of Paczkomaty. At the end of June 2023, there were 20,652 of these devices in Poland, 5,403 in Great Britain, 3,585 in France, and 1,359 in Italy. The total number of Parcel Lockers at the end of the quarter was 31,443 and was 30% higher. y/y – In the following quarters, we will continue to develop our network, strengthen our market position and strive to further improve profitability on all key markets – said the founder and president of the management board of InPost.

Source: Gazeta

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