On the 2nd of September, 2019 POSTPHIL on her Internet site announced far-reaching changes:
"Dear customer,
In an effort to help stabilize Iceland Post's economic situation, the company's board has decided to close Postphil in its current form at the end of this year. Postphil has been operating at a loss since 2014. Revenue has decreased significantly due to a fall in the number of customers, while operating costs have remained the same.
As things stand today, there are no certainties regarding the number of stamp issues in the coming years. However, it is certain that there will be a reduction in the number of issues and the number of issue dates per year.
Best regards, The staff at Postphil"
[Editor, 2019-09-06]