Date: Thursday 23rd October 2025
Isle of Man Post Office (IOMPO) is pleased to report a year of robust financial performance, modernisation and community-focused transformation, as it continues to build on its legacy as a cornerstone of Manx life, delivering dependable and sustainable services that benefit the Island’s economy and support the community.
IOMPO has reported a profit of £3.85 million for the year ending 31 March 2025, up £1.25 million on the previous year, while maintaining turnover at £25.1m. This was driven by operational efficiencies, innovation, and a focus on cost management and customer service, with just four complaints per 100,000 items handled.
Its Statutory Board Plan 2025–26, to be presented to Tynwald next month, outlines a year of transformation. Highlights include the launch of Online Postage with free doorstep collections, a further reduction in carbon emissions, and the acquisition of 26 electric vehicles as part of its journey to a zero-emission final mile delivery by 2028. Meanwhile IOMPO’s Report and Financial Statements will follow in due course when they are presented to Tynwald collectively with the central Government and associated subsidiaries financial statements.
The Business Solutions division exceeded expectations, maintaining ISO 9001 and ISO 27001 certifications, while the Stamps and Coins division achieved international recognition, including a historic digital stamp collaboration in lunar orbit. The business also continued to support local charities and community initiatives, such as the Christmas Tree Recycling event, which has raised over £100,000 for Hospice Isle of Man since its inception in 2015.
Looking ahead, IOMPO is focused on growing its parcel market share, the continued modernisation of its retail network, the launch of a new corporate website and its plans to further electrify the fleet up to 70 vehicles and install solar panels at Postal Headquarters.
Stu Peters MHK, Chairman of Isle of Man Post Office said: “This year’s results reflect the loyalty of our customers, the dedication of our entire workforce, and the strategic leadership of our Board. We’re ready to meet the challenges ahead and continue building a resilient, innovative and customer-focused business that delivers real value for the Island. Our transformation journey is gaining momentum, and we remain committed to providing trusted, high-quality services for our community.”
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