Omniva Q1 results: volumes increased and operational performance improved by EUR 1 million
Omniva, the Estonian state-owned international technology and logistics group, increased both parcel volumes and revenue in the first quarter. Considering the seasonality of the postal and parcel business, the results indicate a significant improvement in operational performance.
Omniva Group’s revenue for the first quarter of 2026 amounted to EUR 39.2 million, which is 10% higher than in the same period last year. The company recorded a normalized net loss of EUR 1.0 million for the quarter, representing an improvement of EUR 1.0 million compared to the previous year.
“The postal and parcel delivery business is highly seasonal – the first quarter following the Christmas peak season is typically a low season. Improving our low-season performance by EUR 1 million year-over-year clearly reflects increased efficiency, the impact of optimisation measures, and strong financial discipline,” said Martti Kuldma, Chairman of the Management Board of Omniva.
The Group’s parcel volume in the first quarter reached 13.7 million parcels, an increase of 17% compared to the same period last year. Growth was primarily driven by the expansion of international middle-mile operations and the increase in cross-border e-commerce volumes.
In the Baltic markets, parcel volumes increased by 11% year-over-year. The strongest growth was recorded in Lithuania, where volumes grew by 25%, followed by Estonia with a 9% increase. In Estonia, Omniva delivered a total of 2.4 million parcels in the first quarter.
“The e-commerce parcel delivery market in the Baltics is highly competitive. Competition will intensify further as a sixth parcel locker provider enters the Estonian market in the second quarter. This puts pressure on average revenue per parcel, particularly in cross-border e-commerce flows. Despite this challenging environment, Omniva has maintained its market-leading position and continued to grow its parcel volumes,” Kuldma added.
The volume of universal postal services (UPS) in Estonia decreased by 9% in the first quarter compared to the same period last year, while the delivery volume of periodicals also declined by 9%. “These services remain structurally loss-making due to low volumes. To mitigate the financial impact, we continue to adjust the network in line with actual demand,” Kuldma said.
Among key activities, Omniva expanded the Picapac private parcel locker network in Rae municipality, Viimsi, and Nõmme. In addition, a strategic partnership was signed with Pigu Hobby Hall Group, under which Omniva became the primary logistics partner for Kaup24.ee, Pigu.lt, and 220.lv in the Baltics.