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Delivery platform InPost increases Q1 sales 94%

Camilla Rydzek
11 May 2022

E-commerce delivery platform InPost has reported a 94% increase in sales in the first quarter, totalling £283 million.

The platform's number of autonomic parcel lockers have accelerated and in the first quarter, with 1,905 added to the network, bringing the total to 22,272. In Poland, the company's home market, 94% of citizens are reportedly using parcel lockers as a delivery method, according to market research agency Kantar.

In the UK, despite a drop of more than one-fifth in e-commerce volumes during the quarter, the company increased volumes by 157% and exceeded its volumes for Q4 in 2021. The Group's adjusted EBITDA rose 23% in the quarter to £75 million.

InPost CEO Rafał Brzoska said: “InPost had a good start to a challenging 2022, with continued market share gains in all our core markets. Pressure on purchasing power strained e-commerce growth rates on most European markets in the first quarter, and while we expect this to continue throughout the year, we also believe we’ve found a formula to continue growing faster than our competitors even in this difficult market.

“Our parcel locker solution uses substantially less energy and labour per package than door-to-door delivery. Our mission now is to build awareness and roll out that elevated convenience and sustainability proposition to consumers and merchants across our European markets.”

In December 2021 InPost announced its latest international growth milestone, having deployed over 3,000 locker units in the UK. This followed InPost's 2021 partnerships, with businesses including Transport for London, Tesco and Westfield. Along with supporting over 100 major retailers such as Missguided, Boohoo and JD Sports.

Both Westfield London shopping locations have also added InPost parcel lockers to their sites, which have a combined footfall of over 75 million annually.

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