bpost: fourth quarter 2017 results

Fourth quarter 2017 highlights

  • Operating income (revenues) at EUR 955.1m (+38.3%) explained by the excellent Parcels revenues driven by end of year sales and the positive impact of the consolidation of Radial (1.5 month) compensating Domestic Mail evolution.
  • Domestic Mail underlying volume trend at -6.4% (-5.8% for the year 2017). Increased e-substitution for the quarter in transactional mail partly compensated by positive volume trend in advertising mail.
  • Continued excellent Domestic Parcels volumes growth at +30.8% (+28.2% for the full year), driven by boosting e-commerce and online C2C product offering during the year-end peak. Price/mix effect of -6.9%.
  • Logistic Solutions up EUR 237.2m, driven by the consolidation of Radial and Dynagroup.
  • Additional Sources of Revenues increasing with EUR 44.8m driven by the acquisition of Ubiway.
  • Costs (EUR +269.9m) are influenced by acquisitions and year-end peak.
  • EBITDA up EUR 9.9m to EUR 151.4m including Acquisitions.
  • Net profit of bpost SA/NV (BGAAP) for the full year came in at EUR 291.0m.
  • Proposed total dividend of EUR 1.31 gross per share based on 2017 results, composed of an interim dividend of EUR 1.06 (paid in December 2017) and a final proposed dividend of EUR 0.25, subject to the approval of shareholders.
About bpost

About bpost group 

bpost is Belgium’s leading postal operator and a growing parcel & omni-commerce logistics partner in Europe, North-America and Asia. Our 36,000 employees in Belgium and across the globe connect consumers, businesses and government, by delivering mail and parcels to millions of doorsteps and providing e-commerce logistics services. As a people- and planet-friendly company we create long-term sustainable value for our customers and shareholders. In 2020 bpost generated a turnover of EUR 4,154.6 million.

bpost
Centre Monnaie, 1000 Brussels