In the first three quarters of 2006, Swiss Post generated Group profit of 601 million francs, up 18 million francs on the same period of the previous year. As in the year-back period, all segments generated positive results. The company is thus continuing its gratifying performance of recent quarters. Swiss Post reports on its results on a quarterly basis.

In the first nine months of 2006, Swiss Post generated Group profit that was 3.1% higher than the year-back figure. As at 30 September 2006, Group profit came to 601 million francs (year-back period:  583 million francs). All Swiss Post segments contributed to Group profit, albeit in varying degrees. Thanks to the positive result, consolidated equity increased to 1,381 million francs as at 30 September 2006, which is still below the required figure by industry standards.

Compared with the year-back period, operating income rose by 198 million francs to 5,659 million francs. For the first time, this figure includes the GHP Group acquired on 1 September 2006. Comprising almost thirty companies, GHP contributed operating income of around 35 million francs in the first month since its inclusion. The growth in income was driven by the Financial Services (PostFinance) and Logistics segments as well as other operating income, while in the Mail and Post Office Network segments, operating income declined slightly. Compared with the first three quarters of 2005, operating expenses were up by 180 million francs, amounting to 5,065 million francs.

At 323 million francs in total, investments were up on the year-back period (240 million francs). The main focus of investment activity is currently on the construction of the REMA letter centres. Good results enable Swiss Post to finance these investments entirely from funds it has generated itself.

Key figures for the Group		1st-3rd	quarters
	Unit	2006	2005	Year 2005
Operating income	CHF million	5'659	5'461	7'499
Operating result1	CHF million	594	576	805
Operating income	%	10.5%	10.6%	10'7%
Group profit	CHF million	601	583	811
Total assets	CHF million	50'940	48'693	50'130
Equity	CHF million	1'383	788	922
Investments2	CHF million	323	240	347
Headcount at Swiss Post Group(excluding trainees)	Full-time equivalents	41'463	41'100	41'073
Headcount at Swiss Post(excluding trainees)	Full-time equivalents	35'546	37'084	37'033
Trainees in the Group	Full-time equivalents	1'424	1'463	1'465

1 Operating result corresponds to operating profit before consideration of non-operating financial result and taxes (EBIT).
2 Investment in tangible fixed assets, participations & intangible assets

Segment information

30 Sept.2006

CHF	Operating income	Operating result1	Headcount2
Mail	2'551	150	15'189
Logistics	1'007	66	5'138
Financial Services	1'158	188	2'519
Passenger Transport	433	29	1'494
International	778	47	966
Post Office Network	1'285	10	11'478
Other	815	104	4'679
Groupe	5'659	594	41'463

31. Sept. 2005

CHF	Operating income	Operating result1	Headcount2
Mail	2'338	167	15'343
Logistics	996	60	5'597
Financial Services	1'106	212	2'366
Passenger Transport	414	23	1'389
International	740	34	894
Post Office Network	1'349	13	12'077
Other	710	67	3'434
Groupe	5'461	576	41'100

1 Operating result corresponds to operating profit before consideration of non-operating financial result and taxes (EBIT)
2 FTE = average workforce in full-time equivalents