InPost expects a y/y increase in the number of newly installed Parcel Machines in 2024

InPost expects to re-install a record number of Parcel Machines this year (counting machines in all markets combined), announced CEO Rafal Brzoska. The company's figures show that the number of active Parcel Machines has increased by 7,500 by 2023.

"The number of machines set up for 2024 will be another record year in terms of the group's overall growth. Every year we set up more machines. In Poland, this is a more or less constant number, while our ambition in terms of the pace of spacing, especially in the UK and France, but also in Italy and Spain, is not only maintained, but this pace is increasing," Brzoska said during a press conference.

"There will be more than 4,000 machines standing in the UK this year alone, and that's just one market," he added.

At the end of 2023, the number of InPost parcel machines will be 35,449 (up 27% year-on-year from 27,939 a year earlier), with 21,969 (+14% year-on-year) in Poland.

The CEO also reported that the rate of installation of new Parcel Machines so far this year is in line with plan, and that adoption and network density in each foreign market is now higher than historically at the corresponding level of Parcel Machine development in Poland.

InPost is a delivery platform for e-commerce. Founded in 1999 by Rafal Brzoska in Poland, InPost has a network of Parcel Machines in Poland, the UK and Italy, and provides courier and fullfilment services to e-commerce sellers in Poland. In July 2021, it finalised the acquisition of French company Mondial Relay. In January 2021. InPost made its debut on the Euronext Amsterdam stock exchange.

Source: InPost and ISBnews