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-21GUIDANCE UPGRADED: EBIT TO €1.8BN AND NET PROFIT €1.3BN: MORE THAN €100M
    HIGHER THAN 24SI TARGET
  • BOD APPROVED INTERIM DIVIDEND1 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.