Parcel locker manufacturer, InPost, reported a 54% year-on-year revenue growth in the first half of 2021 and a 30% revenue growth in the second quarter of 2021. Both growth statistics were partly driven by the acceleration of e-commerce in Poland due to the COVID-19 pandemic.
Spearheading the company’s European expansion is Michael Rouse, who was recently appointed to InPost’s management board for four years on September 10. CEO and founder of InPost Rafal Brzoska pointed out how Rouses’s cultivation of a “a fast-paced tech environment” has aided the company’s expansion now “across eight countries in Europe.” Having spent the past year as CEO of InPost International, Rouse led the expansion of InPost business into UK and Italy. Moreover, Rouse was responsible for the integration of Mondial Relay to the overall InPost Group.
Importantly, the increasing popularity of automated parcel machines (APMs) has played a significant role in the company’s recent growth, alongside InPost’s corresponding development of APM network size and density. In Poland, APM parcel volumes increased by 61% year-on-year to 165 million and international parcel volumes increased by 314% year-on-year to 2.9 million.