Operating income (revenues) at EUR 647.6m, up 20.4%, driven by very strong growth in Parcels and acquisitions partly offset by lower Domestic Mail revenues in line with guidance.
Underlying Domestic Mail volume decline at -5.3% as expected (-5.9% for 3Q16). Continued e-substitution but overall underlying volume trend in line with guidance.
Very strong Domestic Parcels volume growth of +32.8% (+12.7% for 3Q16) driven by strong e-commerce growth and C2C. Price/mix effect of -7.1%, fully mix related.
International Parcels up EUR 9.1m, mainly driven by increase in flows from Asia.
Additional Sources of Revenues (up EUR 66.4m) driven by the acquisition of Ubiway.
Organic cost evolution on track. Opex increase explained by the acquisitions for EUR 103.3m. Transport costs increased in line with positive international business evolution.
EBITDA perfectly in line with last year and guidance at EUR 110.3m.
Net profit of bpost SA/NV under BGAAP up by EUR 1.5m at EUR 52.0m.
Outlook for 2017 reconfirmed: on track and confident to deliver our full year guidance.
« Back to 2017
Bpost SA published this content on 08 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 November 2017 16:51:04 UTC.
Original documenthttp://corporate.bpost.be/media/press-releases/2017/2017-11-08_2?sc_lang=en
Public permalinkhttp://www.publicnow.com/view/40822183C037F9CE2B3511EFC73A5F6DE8C186A3
bpost SA/NV is the leading Belgian provider of postal services. The group offers collection, sorting, routing, and delivery services for letters and packages. The activity is organized around 3 sectors:
- package distribution. The group also offers logistic and express transport services;
- mail collection and delivery: letters, postcards, advertising flyers and documents, newspapers, etc.;
- other: sales of postal products (primarily postage stamps), supply of document management services, etc.
BPOST SA/NV 
