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Correos assumes it will lose 154 million this year, 433% more than expected


The hole was made in the public company run by former Chief of Staff Pedro Sanchez

Sinking into the red numbers, the company already predicts that in 2023 it will lose at least another 100 million

Postmaster Juan Manuel Serrano EFE

Roberto Perez

10/29/2022

Updated at 08:58 AM.

Correos’ business decline continues unabated. SEPI’s largest state holding company by employment expects to close this year with a net loss of 154 million euros. Crazy hole if you consider that…

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