InPost’s out-of-home network expanded to 66,064 locations in 2023
InPost Group has reported high volumes in Q4 2023 and full year 2023. The Group handled a record 11 million parcels on its busiest pre-Christmas day.
During peak season InPost handled a total of 268.4 million parcels in Q4 2023, marking a 21% year-on-year increase. The volume growth was driven by strong performance, both in Poland and in InPost’s international markets, especially the UK. In Poland, InPost saw a continued increase in demand for both the APM and to-door services, resulting in record-high volumes of 175.4 million parcels (+17% YoY).
International parcel volumes, which represent 35% of total Group volumes, reached 93.0 million in Q4 2023 (+28% YoY), 17.2 million parcels delivered in the UK (+169% YoY and +29% QoQ) ) continued encouraging growth from Mondial Relay that reached 70.6 million parcels (+9% YoY, with B2C volumes growing 30% YoY). In the record peak day of Q4 2023, the Group served 11 million parcels, and in Poland, InPost, with its relentless commitment to quality and service, was the only company that guaranteed deliveries before December 24th.
Over the course of 2023, the Group’s volumes reached 892.1 million parcels, up by 20% vs. FY 2022. In Poland InPost delivered 589.5 million parcels in 2023, 16% more than in 2022. International markets volumes grew by 28% compared to 2022, to 302.6 million parcels, representing 34% of total Group volumes. The Group’s largest international segment – Mondial Relay – handled 239.9 million parcels and grew by 13% YoY in 2023. In the UK, the second-largest international geography by volume, InPost delivered 46.5 million parcels in 2023, which translates into almost 127% YoY growth.
The Group’s total of out-of-home network expanded to 66,064 locations (+22% YoY), with APMs accounting for 54% of these points. In 2023, the Group grew the number of APMs in its network by over 7.5 thousand locations, an increase of 27% YoY, with a big part of that added in Q4 2023, the highest quarterly additions in InPost’s history with over 2.5 thousand new APMs. In Poland, the APM network expanded by 14% YoY to 22.0 thousand and in international markets by 56% YoY totaling 13.5 thousand at 2023 year end. The international network already accounts for 38% of Group’s APMs. The Mondial Relay APM network more than doubled YoY to 5.3 thousand machines and the total OOH network increased by 20% to over 26.4 thousand points. In the UK, InPost has a network of over 6.4 thousand machines.
Rafal Brzoska, CEO, commented: “2023 was another strong year for InPost Group, a year with once again recordbreaking volumes. We remain the unquestionable leader in Poland where we are still gaining market share. Poland is our benchmark for expansion in international markets, and we are confident that the international part of our business is moving in the right direction.
In Mondial Relay geographies we are on track with our strategic plans including focus on growing our B2C business with B2C volumes in Q4 2023 up by 30% YoY. In France, in only two years since the Mondial Relay acquisition, we already have the second-largest APM network with the ambition to become #1 this year.
In the UK we successfully delivered the primary goal for 2023 which was to strengthen a logistic backbone. Given the demand trends, our ambition is to rapidly expand the network in the UK. We are already making significant progress; in December alone, we added over 300 new APMs, which was our record-level of monthly deployment in this market, and we are planning to continue with a very ambitious deployment this year. We finished the year with another successfully managed peak season and handled a record 11 million parcels on our busiest pre-Christmas day. During the peak, our APMs, both Polish and international, outperformed last year, with some of them reaching utilization rates of over 300%.”