Bpost NV/SA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 01, 2024 at 03:15 am EST
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bpost NV/SA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was EUR 1,213.4 million compared to EUR 1,291.7 million a year ago. Revenue was EUR 1,217.2 million compared to EUR 1,301.6 million a year ago. Net income was EUR 32.2 million compared to EUR 77.7 million a year ago. Basic earnings per share from continuing operations was EUR 0.16 compared to EUR 0.39 a year ago. Diluted earnings per share from continuing operations was EUR 0.16 compared to EUR 0.39 a year ago.
For the full year, sales was EUR 4,257.5 million compared to EUR 4,372 million a year ago. Revenue was EUR 4,272.2 million compared to EUR 4,397.5 million a year ago. Net income was EUR 65.7 million compared to EUR 232.5 million a year ago. Basic earnings per share from continuing operations was EUR 0.33 compared to EUR 1.16 a year ago. Diluted earnings per share from continuing operations was EUR 0.33 compared to EUR 1.16 a year ago.
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.