WBAG:POSTLogistics
Österreichische Post (WBAG:POST) Stock Revenue Climbs While Margin Pressure Deepens
Österreichische Post went into this earnings day with the stock drifting lower in recent weeks, down roughly 5% over seven days and 3% over the past month, as investors questioned whether its premium P/E of 23.9x was still justified. The headline from the release is not the top line; it is the squeeze. Q2 net income of €6.9m on €806.7m of revenue and a trailing net margin of 2.7% remind holders that this is now a story about pressure on profitability, not growth excitement.
Concerned that...