Bpost NV van Publiek Recht

BPOST

Equity

ISIN BE0974268972 / Valor 21588225

Euronext - Euronext Brussels (2024-12-23)

EUR 1.92+0.21%

Bpost NV van Publiek Recht
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About company

Bpost NV van Publiek Recht, also known as bpostgroup, is Belgium's top postal operator and an expanding parcel and omni-commerce logistics partner in various regions worldwide. With a workforce of 36,000 employees, the company plays a crucial role in connecting individuals, businesses, and government entities by efficiently delivering mail and parcels to numerous addresses while also offering e-commerce logistics solutions.

Summarized from source with an LLMView SourceSector: Consumer Services

Group Operating Income

Bpost NV van Publiek Recht reported a group operating income of 1,217.2 million EUR for the fourth quarter of 2023. This represents a decrease of 84.4 million EUR, or 6.5%, compared to the same period last year.

Group Adjusted EBIT

The group adjusted EBIT for Bpost NV van Publiek Recht in the fourth quarter of 2023 was 74.1 million EUR, with a margin of 6.1%. This is a decline of 3.7% compared to the previous year.

Belgium Segment Performance

In Belgium, Bpost NV van Publiek Recht achieved a total operating income of 603.0 million EUR, marking an increase of 3.0%. The underlying mail volume declined by 8.1%, but this was offset by a positive mail price/mix impact. Parcel volumes increased by 3.4%, with a price/mix impact of 3.2%.

E-Logistics Eurasia

The E-Logistics Eurasia segment of Bpost NV van Publiek Recht saw a total operating income of 187.5 million EUR, an increase of 8.2%. This growth was driven by the continued expansion of Radial EU and Active Ants, as well as higher Cross-Border sales reflecting growth from existing and recent customer wins in Asia.

Dividend Proposal

For the full year 2023, Bpost NV van Publiek Recht's group adjusted EBIT was 248.5 million EUR, in line with both initial and reinstated guidance. The Board of Directors will propose a total dividend per share of 0.13 EUR gross, based on a 40% IFRS net profit pay-out ratio. The dividend will be payable in May 2024, pending approval at the General Shareholders’ meeting.

Summarized from source with an LLMView Source

Key figures

-59.3%1Y

-74.2%3Y

-81.6%5Y

Performance

32.1%1Y

35.9%3Y

38.2%5Y

Volatility