Market Closed -
Borsa Italiana
11:44:59 2024-05-02 EDT
5-day change
1st Jan Change
11.93
EUR
0.00%
+0.04%
+16.11%
Presentation of Results at September 30, 2021
November 11, 2021 at 03:19 am
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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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
11.93
EUR
Average target price
13.07
EUR
Spread / Average Target
+9.58%
Consensus
1st Jan change
Capi.
+16.11% 16.49B -10.27% 24.17B +1.60% 16.96B +29.21% 7.49B +15.00% 2.34B +17.46% 1.91B -0.19% 1.22B -7.37% 742M +30.80% 657M -20.94% 475M
Courier Services
+951% of historical performance
More than 20 years at your side
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