POSTE ITALIANE S.P.A. POSTE ITALIANE
Q1-23 FINANCIAL RESULTS
4 MAY 2023
A PLATFORM COMPANY AT WORK
CONTENTS
EXECUTIVE SUMMARY
Financial
Services
BUSINESS REVIEW
Payments &
Mobile
APPENDIX
Insurance
Services
Mail &
Parcel
2
EXECUTIVE SUMMARY
ROBUST START INTO 2023 SUPPORTED BY ALL BUSINESSES
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REVENUE INCREASE DRIVEN BY SOLID COMMERCIAL TRENDS
CONTINUED FOCUS ON COST EFFICIENCY MITIGATING EXPECTED INFLATION IMPACT
EBIT AT €767M, UP 11% Y/Y SUPPORTED BY ALL BUSINESSES
- WELL ON TRACK TO MEET 2023 GUIDANCE
- SOLID BALANCE SHEET - DIVIDEND BALANCE OF €0.44 P/S TO BE PAID ON 21 JUNE 20231 (€571M)
1. Ex-dividend date 19 June 2023, record date 20 June 2023
3
Q1-23 RESULTS OVERVIEW
ROBUST START TO 2023 DRIVEN BY SOLID COMMERCIAL ACTIVITY AND CONTINUED COST MANAGEMENT
- m unless otherwise stated
Q1-22 | Q1-23 | VAR. | VAR. (%) |
REVENUES | 2,816 | 3,044 | +227 | +8.1% |
TOTAL COSTS | 2,127 | 2,277 | +150 | +7.0% |
EBIT | 690 | 767 | +77 | +11.2% |
NET PROFIT | 494 | 540 | +46 | +9.4% |
4
OPERATING PROFIT BY SEGMENT
STRONG OPERATING RESULTS ACROSS ALL BUSINESSES
- m unless otherwise stated
MAIL, PARCEL & DISTRIBUTION
+32 | |
+58% | |
88 | |
56 | |
Q1-22 | Q1-23 |
INSURANCE SERVICES
+9 | |
+3% | |
325 | 334 |
Q1-22 | Q1-23 |
FINANCIAL SERVICES
+25 | |
+11% | |
231 | 256 |
Q1-22 | Q1-23 |
PAYMENTS & MOBILE
+11 | ||
+14% | ||
78 | 89 | |
Q1-22 | Q1-23 | 5 |
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Disclaimer
Poste Italiane S.p.A. published this content on 04 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2023 05:22:05 UTC.
