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bpost: first quarter 2017 results

Wednesday 3 May 2017

First quarter 2017 highlights

  • Operating income (revenues) at EUR 764.0m (+26.4%) driven by excellent Parcels growth and acquisitions and supported by resilient Domestic Mail.
  • Resilient Domestic Mail underlying volume trend at -4.7% (-5.0% for FY16) driven by strong and positive Advertising Mail volume trend.
  • Excellent Domestic Parcels performance with volume up +24.5% (+17.1% for FY16), driven by e-commerce and C2C. Price/mix effect of -3.4%, fully mix related.
  • International Parcels up EUR 11.4m driven by positive contribution from acquisitions and increase in flows from China and the US. Continued volume loss to China.
  • Additional Sources of Revenues (up EUR 117.1m), driven by the acquisition of Ubiway.
  • Organic cost evolution on track. Operational expenditure influenced by acquisitions for EUR +153.0m. Increase in transport cost in line with positive international business evolution.
  • EBITDA up EUR 1.1m at EUR 176.9m fully in line with our guidance.
  • Net profit of bpost SA/NV under BGAAP up EUR 4.3m at EUR 94.3m.
  • 2017 outlook maintained.

Results
About bpost

About bpostgroup 

bpostgroup is a leading logistics expert, active in Europe, North-America and Asia. Whether it's as a parcel-sized last mile partner with mail products in Belgium and the Netherlands, a specialized operator in the high value logistics markets or through our leading cross-border network: we excel through quality. bpostgroup puts innovation, digitalization, customer centricity upfront in its approach. Headquartered in Belgium and powered by 40.000+ employees worldwide, we connect millions of people and businesses every day.  As a people- and planet-friendly company we create long-term sustainable value for our customers and shareholders. In 2024, bpostgroup generated a total operating income of EUR 4,341.3 million.

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Boulevard Anspach 1, box 1 – 1000 Brussels