Market Closed -
Borsa Italiana
11:44:59 2024-04-19 am EDT
5-day change
1st Jan Change
11.65
EUR
-0.04%
+0.65%
+13.38%
Presentation of Results at September 30, 2021
November 11, 2021 at 03:19 am EST
POSTE ITALIANE
Q3 & 9M-21 FINANCIAL RESULTS
11 NOVEMBER 2021
CONTENTS
EXECUTIVE SUMMARY
BUSINESS REVIEW
APPENDIX
Financial Services
Payments & Mobile
Insurance
Services
Mail &
Parcel
2
EXECUTIVE SUMMARY
STRONG PERFORMANCE DRIVEN BY UNDERLYING OPERATING TRENDS: UP Y/Y AND ABOVE PRE-PANDEMIC LEVELS
FY-21 GUIDANCE UPGRADED: EBIT TO €1.8BN AND NET PROFIT €1.3BN: MORE THAN €100M
HIGHER THAN 24SI TARGET
BOD APPROVED INTERIM DIVIDEND 1 OF €0.185 (€241M,+14% Y/Y) ON FY-21 RESULTS
24SI WELL ON TRACK WITH REDUCED EXECUTION RISK AND ONGOING NEW INITIATIVES
1. Ex dividend date 22 November; record date 23 November; payment date 24 November
3
Q3 & 9M RESULTS OVERVIEW VS 2020
ROBUST OPERATING PERFORMANCE…
m unless otherwise stated
Q3-20
Q3-21
VAR.
VAR. %
9M-20
9M-21
VAR.
VAR. %
REVENUES
2,574
2,761
+187
+7.3%
7,562
8,445
+883
+11.7%
TOTAL
2,095
2,195
+100
+4.8%
6,317
6,830
+512
+8.1%
COSTS
EBIT
479
566
+87
+18.3%
1,244
1,615
+371
+29.8%
NET PROFIT
353
401
+48
+13.6%
898
1,174
+276
+30.7%
4
Q3 & 9M RESULTS OVERVIEW VS 2019
...ABOVE PRE-PANDEMIC LEVELS - SUSTAINABLE UNDERLYING TRENDS
€ m unless otherwise stated
Q3-19
Q3-21
VAR.
VAR. %
9M-19
9M-21
VAR.
VAR. %
REVENUES
2,549
2,761
+212
+8.3%
8,036
8,445
+409
+5.1%
TOTAL
2,090
2,195
+105
+5.0%
6,496
6,830
+334
+5.1%
COSTS
EBIT
459
566
+107
+23.3%
1,540
1,615
+75
+4.9%
NET PROFIT
320
401
+81
+25.3%
1,083
1,174
+91
+8.4%
5
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Poste Italiane S.p.A. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 11 November 2021 05:36:09 UTC .
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Apr. 19
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Poste Italiane, board proposes EUR56 million buyback
Apr. 18
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Apr. 04
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Apr. 04
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Apr. 04
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Apr. 04
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Apr. 04
AN
M&A manager takes over 2,650 Poste Italiane shares
Mar. 22
AN
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Mar. 21
AN
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Mar. 21
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Mar. 21
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Mib up slightly; annual high for Prysmian
Mar. 20
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Mar. 20
AN
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Mar. 20
MT
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Mar. 20
Mib weak at start, Terna and Poste at antipodes
Mar. 20
AN
Italy's Poste vows to grow profits faster than revenues and boost dividends
Mar. 20
RE
Poste presents 2028 plan, accounts and coupon expected to grow
Mar. 20
AN
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MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Poste Italiane S.p.A. specializes in postal services. The group also offers financial services. Net sales break down by activity as follows:
- financial services (41.5%);
- postal services (30.7%): collection, sorting, transport and delivery of letters and parcels. Moreover, Poste Italiane S.p.A. provides logistics services;
- insurance services (18.1%);
- payment management, e-money services and mobile and fixed-line telephony (9.7%).
More about the company
Last Close Price
11.65
EUR
Average target price
12.97
EUR
Spread / Average Target
+11.30%
Consensus
1st Jan change
Capi.
+13.38% 16.1B -14.85% 23.36B -6.30% 16.09B +30.92% 7.69B +12.92% 2.33B +10.40% 1.79B -3.76% 1.19B +28.08% 674M -15.79% 670M +21.32% 484M
Courier Services
+951% of historical performance
More than 20 years at your side
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