Business Segment Reporting
The Commerce Services group includes the Global Ecommerce and Presort Services segments. Global Ecommerce facilitates domestic retail and ecommerce shipping solutions, including fulfillment and returns, and global cross-border ecommerce transactions. Presort Services provides sortation services to qualify large volumes of First Class Mail, Marketing Mail, Marketing Mail Flats and Bound Printed Matter for postal workshare discounts.
The Sending Technology Solutions segment offers physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications for small and medium businesses to help simplify and save on the sending, tracking and receiving of letters, parcels and flats.
The sum of the segment results may not equal the totals due to rounding.
Commerce Services
|
First Quarter |
|||||||
($ millions) |
2020 |
|
2019 |
|
Y/Y Reported |
|
Y/Y Ex Currency |
|
Revenue |
|
|
|
|
||||
Global Ecommerce |
$292 |
|
$266 |
|
10% |
|
10% |
|
Presort Services |
141 |
|
135 |
|
4% |
|
4% |
|
Commerce Services |
$433 |
|
$401 |
|
8% |
|
8% |
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
|
|
|
|
|
Global Ecommerce |
($11) |
|
$2 |
|
>(100%) |
|
|
|
Presort Services |
23 |
|
22 |
|
7% |
|
|
|
Commerce Services |
$12 |
|
$24 |
|
(49%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| EBIT |
|
|
|
|
|
|
|
|
| Global Ecommerce |
($29) |
|
($15) |
|
>(100%) |
|
|
|
| Presort Services |
16 |
|
15 |
|
4% |
|
|
|
| Commerce Services |
($14) |
|
- |
|
>(100%) |
|
|
|
