InPost plans PLN 1.1-1.2 bn investment in 2023

InPost, a Polish logistics company, expects to spend between PLN 1.1 billion and PLN 1.2 billion on investment in 2023, with the majority being allocated to international market expansion. The company predicts that positive cash flows will result from these investments, and this will help to improve its net debt-to-EBITDA ratio by the end of the year. In the first quarter of 2023, InPost's package volumes continue to grow at a double-digit rate, despite signs of a slowdown in consumer spending in Poland. The growth in France is slightly slower than in Poland, but still in double digits, while other markets show a similar growth trend to that seen in 2022.

In 2022, the volume of packages handled by InPost increased by 44% y/y to 744.9 million parcels.

Source: Bankier.pl