An Post CEO Denies Financial Crisis Amidst Leak Controversy

An Post chief executive David McRedmond has expressed his frustration over what he called an 'irresponsible leak' regarding the company's finances. Minister for Communications Patrick O’Donovan denied being the source of the leak and emphasized that An Post is a profitable company. Reports claiming financial difficulties were dismissed by McRedmond, who highlighted the company's strong performance and growth. He clarified that An Post's success is not solely reliant on election-related revenues. McRedmond also addressed concerns about negative perceptions affecting employees and customers, reaffirming the company's stability and growth.

O’Donovan supported McRedmond's statements, emphasizing An Post's profitability and transformation under McRedmond's leadership. He clarified that challenges faced by independent postmasters are separate from An Post's financial status. O’Donovan refuted claims of potential service cutbacks and affirmed his confidence in the company's viability and success.

According to the source: The Irish Times.