POSTE ITALIANE
Q1-23 FINANCIAL RESULTS
4 MAY 2023
A PLATFORM COMPANY AT WORK
CONTENTS
EXECUTIVE SUMMARY
Financial
Services
BUSINESS REVIEW
Payments &
Mobile
APPENDIX
Insurance
Services
Mail &
Parcel
2
EXECUTIVE SUMMARY
ROBUST START INTO 2023 SUPPORTED BY ALL BUSINESSES
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REVENUE INCREASE DRIVEN BY SOLID COMMERCIAL TRENDS
CONTINUED FOCUS ON COST EFFICIENCY MITIGATING EXPECTED INFLATION IMPACT
EBIT AT €767M, UP 11% Y/Y SUPPORTED BY ALL BUSINESSES
- WELL ON TRACK TO MEET 2023 GUIDANCE
- SOLID BALANCE SHEET - DIVIDEND BALANCE OF €0.44 P/S TO BE PAID ON 21 JUNE 20231 (€571M)
1. Ex-dividend date 19 June 2023, record date 20 June 2023
3
Q1-23 RESULTS OVERVIEW
ROBUST START TO 2023 DRIVEN BY SOLID COMMERCIAL ACTIVITY AND CONTINUED COST MANAGEMENT
- m unless otherwise stated
Q1-22 | Q1-23 | VAR. | VAR. (%) |
REVENUES | 2,816 | 3,044 | +227 | +8.1% |
TOTAL COSTS | 2,127 | 2,277 | +150 | +7.0% |
EBIT | 690 | 767 | +77 | +11.2% |
NET PROFIT | 494 | 540 | +46 | +9.4% |
4
OPERATING PROFIT BY SEGMENT
STRONG OPERATING RESULTS ACROSS ALL BUSINESSES
- m unless otherwise stated
MAIL, PARCEL & DISTRIBUTION
+32 | |
+58% | |
88 | |
56 | |
Q1-22 | Q1-23 |
INSURANCE SERVICES
+9 | |
+3% | |
325 | 334 |
Q1-22 | Q1-23 |
FINANCIAL SERVICES
+25 | |
+11% | |
231 | 256 |
Q1-22 | Q1-23 |
PAYMENTS & MOBILE
+11 | ||
+14% | ||
78 | 89 | |
Q1-22 | Q1-23 | 5 |
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Poste Italiane S.p.A. published this content on 04 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2023 05:22:05 UTC.